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971

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

  • A. Domestic National Products (DNP)
  • B. Gross National Product (GNP)
  • C. Gross Domestic Product (GDP)
  • D. Net Domestic Product (NDP)
View Answer & Discuss (6) WAEC 2010
972

Which of the following equation is appropriate for determining the Net Domestic Product (NDP)?

  • A. NDP = GNP - depreciation
  • B. NDP = GDP + Net Income from abroad
  • C. NDP = GDP - depreciation
  • D. NDP = GDP * Net Income from abroad
View Answer & Discuss WAEC 2010
973

Which of the following over estimates the value of national income?

  • A. incomplete statistical data
  • B. Wrong timing of computation
  • C. changes in price of goods within the year
  • D. double counting
View Answer & Discuss WAEC 2010
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974

The total stock of money available for use in an economy is

  • A. a function of money
  • B. a characteristics of money
  • C. the demand for money
  • D. the supply of money
View Answer & Discuss WAEC 2010
975

Which of the following is not a reason for holding money?

  • A. Ostentation
  • B. Speculations
  • C. Transactions
  • D. Precautionary
View Answer & Discuss WAEC 2010
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