The mining sector of an economy contributes 60% to the Gross Domestic Product(GDP). If the GDP is $540; what is the contribution of the mining sector?

by | Jan 2 | Economics WAEC | 0 comments

A. $ 90.00
B. $ 180.00
C. $ 324.00
D. $ 350.00

Correct Answer:

Option C = $ 324.00

Explanation

The contribution of the mining sector = 60% x 540

= 324

Users Also Read These:

Copyright warnings! Do not copy.