📝 Multiple Choice Question
Economics
When calculating Net National Product (NNP), what is deducted from Gross National Product (GNP)?
A
Subsidies
B
Personal income
C
Depreciation
D
Indirect taxes
Explanation
Net National Product (NNP) is standardly calculated by taking the Gross National Product (GNP) and explicitly subtracting depreciation, which represents the wear and tear of a nation's capital assets.
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