Question 26

In calculating the Gross National Product (GNP) by the income approach , all the following are included except

  • A.wages and salaries
  • B.direct taxes paid by persons and companies
  • C.rents on houses
  • D.retirement benefits
  • E.business profits
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
1996
Question no.
#26
Type
Objective

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