Which of the following items is subtracted when computing Gross National Product at factor cost,...

JAMB 1988

Which of the following items is subtracted when computing Gross National Product at factor cost, by the expenditure method?

A. Consumption expenditure
B. Indirect taxes
C. Exports and property income from abroad
D. Gross Domestic Fixed Capital Formation

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Correct Answer: Option B

Explanation

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Which of the following items is subtracted when computing Gross National Product at factor cost,...

Correct Answer: Option B

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