UI Post-UTME Economics 2016 (Model questions) Question 4

Question 4

Tools of Economic Analysis

Use the pie chart (Mining 126°, Agric 72°, Manufacturing 108°, Services) to answer this question. If the national income is #60m, the contribution of the manufacturing sector is

Diagram for this question
  1. A.₦12m
  2. B.₦9m
  3. C.₦18m
  4. D.₦17m
Show the answer and explanation

Answer: C (₦18m)

Explanation

Manufacturing = 108/360 × ₦60m = ₦18m.