Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. UNIBEN
  4. /
  5. General Paper
  6. /
  7. 2020/2021
  8. /
  9. Q24
Question 24

The output approach to measuring national income is based on the computation of

  • A.final output
  • B.factor cost
  • C.value added
  • D.profits earned
Objective

Question details

Exam body
UNIBEN
Subject
General Paper
Year
2020/2021
Question no.
#24
Type
Objective
Previous · Q23Contractionary monetary policy is used to Next · Q25 Economic goods are termed scarce goods when

More from this paper

  • Q20A major weakness of a unitary system of government is that
  • Q21Joint-stock companies can raise funds from
  • Q22To protect farmers during a bumper harvest, the government usually
  • Q26The Revenue Mobilization, Allocation and Fiscal Commission in Nigeria has the…
  • Q27In computing national income, transfers are excluded because
  • Q28Choice involves opportunity cost because
See all General Paper 2020/2021 questions
Teacha

Africa's learning & exam readiness platform. Built for students, tutors, and schools.

Platform

  • Courses
  • Mock Exams
  • Past Questions

For You

  • I'm a Tutor
  • I'm a School
  • Pricing

© 2025 Teacha. Built for African learners, tutors, and schools. Teacha is not affiliated with WAEC, NECO, or JAMB. All past questions are sourced from publicly available materials.

Privacy PolicyTerms of UseCookie Policy