Given that Gross Domestic Product at factor cost is 2500 million shillings, net income from abroad is 800 million shillings and depreciation of capital equipment is 50 million shillings. Calculate the Net National Product.
Net National Product = GDP – depreciation
= (GDP+ Net Y from abroad) – depreciation
= 2500 + 800 – 50
= 3250 million shillings
CATEGORIES Economics
TAGS Dr. Bbosa Science
