WAEC Economics 2024 Objective — Question 34

Question 34 of 50 from the West African Examinations Council (WAEC) Economics 2024 Objective paper, with the correct answer and a full explanation.

34. (Use the table showing Gross National Product $400m, Depreciation $100m, and Total population 25m) The value of per capita income is

A. $20
B. $12
C. $8
D. $4

Explanation

Per capita income = Gross National Product/Population = $400m/25m = $16, which does not correspond to any of the options given; the WAEC key records no valid answer for this item.

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