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Use the table below to answer this question.  Gross National Product  $400m  Depreciation  $100m  Total...

Economics
WAEC 2024

Use the table below to answer this question.

 Gross National Product  $400m
 Depreciation  $100m
 Total Population  25m

The value of Net National Product is

  • A. $100 m
  • B. $275 m
  • C. $300 m
  • D. $500m
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Correct Answer: Option C
Explanation

(Net national product) = (Gross National Product) - Depreciation

= $400m - $100m

=$300m

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