📝 Multiple Choice Question
Economics
Which of the following is the correct formula for calculating NNP?
A
NNP = GNP - DEPRECIATION
B
NNP = GNP + DEPRECIATION
C
NNP = GDP - INCOME
D
NNP = GDP - DEPRECIATION
Explanation
Net National Product (NNP) is derived by subtracting depreciation (the loss of value of capital assets) from the Gross National Product (GNP).
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