Question 12

(a) Describe the output method of measuring the gross domestic product of a country. [6 marks]

(b) How is the net national product at factor cost obtained from gross domestic product? [8 marks]

(c) State two problems associated the output method. [6 marks] 

Theory

Question details

Exam body
WAEC
Subject
Economics
Year
2012
Question no.
#12
Type
Theory

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