\(\begin{array}{c|c} & \text{Year 1} & \text{Year 2} \\ \hline \text{GNP at current prices(NM)} & 20,000...
ECONOMICS
JAMB 2005
\(\begin{array}{c|c}
& \text{Year 1} & \text{Year 2} \\
\hline
\text{GNP at current prices(NM)} & 20,000 & 27,000 \\ \hline
\text{Population(Million)} & 20 & 24 \\
\end{array}\)
Calculate the GNP per head of the population in year 1 and year 2.
- A. N2000.00, N1000.00
- B. N1125.00; N2000.00
- C. N1000.00, N2000.00
- D. N1000.00; N1125.00
Correct Answer: D. N1000.00; N1125.00
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