Post Utme Economics Questions
Question 341:
GDP increases when:
- A Population declines sharply
- B Imports increase greatly
- C Savings disappear fully
- D Domestic production rises
Question 342:
Which of the following contributes directly to national income?
- A Productive economic activities
- B Private family gifts
- C Illegal gambling activities
- D Transfer payment schemes
Question 343:
One importance of per capita income is:
- A Calculating export duties
- B Measuring voting strength
- C Measuring average living standards
- D Predicting rainfall patterns
Question 344:
Net factor income from abroad may be:
- A Equal to depreciation always
- B Always completely negative
- C Always completely positive
- D Positive or negative
Question 345:
Per capita income is calculated by:
- A Tax revenue divided by GDP
- B National income divided by population
- C Population divided by GDP
- D Exports divided by imports