Net National Product is derived by deducting
ECONOMICS
JAMB 2012
Net National Product is derived by deducting
- A. net exports from GNP
- B. subsidies from GDP
- C. taxes from GDP
- D. depreciation from GNP
Correct Answer: D. depreciation from GNP
Explanation
Net national product is gotten by adding; The market value of all finished goods + the market value of all finished services - the depreciation of those goods and services = net national product.
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