NABTEB Economics 2023 Objective — Question 32
Question 32 of 50 from the National Business and Technical Examinations Board (NABTEB) Economics 2023 Objective paper, with the correct answer and a full explanation.
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National income is calculated mainly to A. determine how income is to be shared B. help firms generate more funds C. determine the level of sectoral performance D. determine aid to be received from other nations
- A. determine how income is to be shared
- B. help firms generate more funds
- C. determine the level of sectoral performanceCorrect
- D. determine aid to be received from other nations
Explanation
National income is calculated to determine the contribution or level of sectoral performance to the economy of a country, among other reasons.
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