Post Utme Economics Questions
Question 331:
National income estimation becomes difficult because of:
- A Non-monetized transactions
- B Excess industrial expansion
- C Population stability levels
- D High export performance
Question 332:
Which activity is excluded from GDP calculations?
- A Banking services production
- B Agricultural crop production
- C Transfer payment activities
- D Factory production output
Question 333:
Which of the following best explains depreciation?
- A Wear and tear of assets
- B Increase in labour productivity
- C Increase in national output
- D Growth in export activities
Question 334:
Per capita income means:
- A Average income per person
- B Total government revenue
- C Income from exports only
- D National profit level
Question 335:
One major problem of measuring national income is:
- A Increase in export earnings
- B Abundant labour supply
- C Incomplete statistical records
- D Excess industrial growth