Economics
WAEC 2010
Which of the following is not a concept in National Income Accounting?
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A.
Domestic National Products (DNP)
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B.
Gross National Product (GNP)
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C.
Gross Domestic Product (GDP)
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D.
Net Domestic Product (NDP)
Correct Answer: Option A
Explanation
There are various concepts of National Income, such as GDP, GNP, NNP, NI, PI, DI, and PCI which explain the facts of economic activities.
Domestic National Products is not a National Income Accounting concept.
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