Question on: JAMB Economics - 2015
\(\begin{array}{c|c}
\text{Capital consumption allowance} & \text{N20,000} \\ \hline
\text{Gross domestic production} & \text{N60,000} \\ \hline
\text{Factor payment to foreigners} & \text{N10,000} \\ \hline
\text{Factor income from abroad} & \text{N15,000} \\ \end{array}\)
From the above table, calculate the Gross National Product.
\text{Capital consumption allowance} & \text{N20,000} \\ \hline
\text{Gross domestic production} & \text{N60,000} \\ \hline
\text{Factor payment to foreigners} & \text{N10,000} \\ \hline
\text{Factor income from abroad} & \text{N15,000} \\ \end{array}\)
From the above table, calculate the Gross National Product.
A
N70,000
B
N75,000
C
N50,000
D
N60,000
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Correct Option: B
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