📝 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.
Report Issue
Discussion (0 Comments)
Leave a Comment
No comments yet. Be the first to comment!
📌 Related Questions
Which of the following states have the lowest female literacy rates as...
Solve →When was the First Five-Year Plan of India launched?...
Solve →Consider the following statements and select the correct option: i. Ma...
Solve →Read the following about Goods and Service Tax (GST):...
Solve →At higher levels of development, which sector of the economy contribut...
Solve →