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WAEC Economics 2010 Question 29

Question 29

National Income

Which of the following is not a concept in National Income accounting?

  1. A.Domestic National Product (DNP)
  2. B.Gross National Product (GNP)
  3. C.Gross Domestic Product (GDP)
  4. D.Net Domestic Product (NDP)
Show the answer and explanation

Answer: A (Domestic National Product (DNP))

Explanation

There is no 'Domestic National Product'; GNP, GDP and NDP are standard measures.