Economics · National Income Accounting
Which of the following equations is correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Gross Domestic Product + Depreciation = Gross National Product
- 2Gross Domestic Product + Depreciation = Net Domestic Product
- 3Gross Domestic Product - Depreciation = Gross National Product
- 4Gross Domestic Product - Depreciation = Net Domestic Product✓
Correct answer
Gross Domestic Product - Depreciation = Net Domestic Product
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