$\begin{array}{c|c} & \text{Year 1} & \text{Year 2} \ \hline \text{GNP at current prices(NM)} & 20,000 & 27,000 \ \hline\text{Population(Million)} & 20 & 24 \\end{array}$Calculate the GNP per head of the population in year 1 and year 2.

Question

$\begin{array}{c|c} &amp; \text{Year 1} &amp; \text{Year 2} \ \hline \text{GNP at current prices(NM)} &amp; 20,000 &amp; 27,000 \ \hline\text{Population(Million)} &amp; 20 &amp; 24 \\end{array}$Calculate the GNP per head of the population in year 1 and year 2.

Lessonnotes Admin · Accepted Answer

The answer is D. N1000.00; N1125.00.