National Income and Development Quiz

Check your understanding of National Income and Development.

Topic: National Income and Development

Pass mark: 50% · 3 questions

1. GDP measures? A. The total value of final goods and services produced in a country B. Only exports C. Only government spending D. Household savings

2. Nigeria's biggest export is? A. Cocoa B. Crude oil C. Cement D. Rice

3. A budget deficit occurs when? A. Revenue exceeds spending B. Spending exceeds revenue C. Revenue equals spending D. There is no revenue