Waec Model Questions Vol1 2022 Economics Question 44

Practice objective / multiple choice question 44 from the 2022 Waec Model Questions Vol1 Economics examination.

Waec Model Questions Vol1 2022 Economics Objective / Multiple Choice Medium Difficulty
Question 44 WAEC_MODEL_QUESTIONS_VOL1 • 2022 • ECONOMICS • objective

Using the income approach, the following data are recorded for a year (in million naira): Compensation of employees = 3 200, Gross operating surplus = 1 500, Gross mixed income = 800, Indirect taxes = 600, Subsidies = 150, Net factor income from abroad = -50, Depreciation = 400. Compute the Net National Income at market prices.

Answer Options

A. 5300
Correct Answer B. 5500
C. 5600
D. 5400
Correct Answer
B
Correct Option:
5500

About This Question

This is Waec Model Questions Vol1 2022 Economics Question 44. It is one of the objective questions from the 2022 Waec Model Questions Vol1 Economics examination.

Difficulty level: Medium .

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