JAMB Economics 2009 Question 25

Question 25

National Income

In developing countries, it is easier to obtain accurate national income estimates through the

  1. A.GNP
  2. B.GDP
  3. C.NDP
  4. D.NNP
Show the answer and explanation

Answer: B (GDP)

Explanation

GDP counts only output produced inside the country, avoiding hard-to-measure net income from abroad and depreciation.