Question

    What economic indicator is derived by subtracting

    depreciation from the Gross National Product (GNP)?
    A NNP Correct Answer Incorrect Answer
    B GDP Correct Answer Incorrect Answer
    C NDP Correct Answer Incorrect Answer
    D GPP Correct Answer Incorrect Answer

    Solution

    Net National Product (NNP) is calculated by deducting the depreciation charges from the Gross National Product (GNP). This adjustment accounts for the wear and tear on the nation's capital assets, providing a clearer picture of the economic value generated within a specific period.

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