Economics · Indian Economy
Which of the following formulas represents the correct formula for Net National Product (NNP)?
- 1NNP = GNP - Depreciation✓
- 2NNP = GNP + Net Factor Income from Abroad
- 3NNP = NDP - Depreciation
- 4NNP = GNP + Depreciation
Correct answer
NNP = GNP - Depreciation
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