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Gross National Product - Depreciation Al...

Gross National Product - Depreciation Allowance = ?

A

Per Capita Income

B

Gross Domestic Product

C

Personal Income

D

Net National Product

Text Solution

Verified by Experts

The correct Answer is:
D
Net National product (NNP) is Gross National Product minus a depreciation allowance for the wearing out of machines and buildings during the period. In other words, NNP= Gross National Product - Depreciation Allowance. Since NNP counts only the net additions to the nation.s stock, it is less than GNP.
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