WAEC - Economics (2024 - No. 33)
Use the table below to answer this question.
| Gross National Product | $400m |
| Depreciation | $100m |
| Total Population | 25m |
The value of Net National Product is
$100 m
$275 m
$300 m
$500m
Explanation
(Net national product) = (Gross National Product) - Depreciation
= $400m - $100m
=$300m
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