Economics · National Income
Which of the following correctly defines Net National Product (NNP)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The difference between gross national product and depreciation.✓
- 2Net national product is equal to gross national product.
- 3The sum of gross national product and the income of foreigners.
- 4The product of gross national product and depreciation.
Correct answer
The difference between gross national product and depreciation.
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