In a particular year, the sum of the value added in each sector of the...
ECONOMICS
JAMB 2005
In a particular year, the sum of the value added in each sector of the economy was N4550 million The amount represents the GNP measured by the
- A. factor-price approach
- B. output approach
- C. income approach
- D. expenditure approach
Correct Answer: B. output approach
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