Question
What economic indicator is derived by subtracting
depreciation from the Gross National Product (GNP)?Solution
Net National Product (NNP) is calculated by deducting the depreciation charges from the Gross National Product (GNP). This adjustment accounts for the wear and tear on the nation's capital assets, providing a clearer picture of the economic value generated within a specific period.
More Economics Questions
- Which letter-cluster will replace the question mark (?) in the following series?
RGV, UME, ?, AYW, DEF - Which letter-cluster will replace the question mark (?) in the following series?
NPQR, OORQ, PNSP, ____, RLUN - Select the number from among the given options that can replace the question mark (?) in the following series.
17, 18, 22, 31, 47, ___ - Which letter and number cluster will replace the question mark (?) to complete the given series?
LT6, KU12, IW24, FZ48, ____ - A series is given with one term missing. Choose the correct alternatives from the given ones that will complete the series.
57, 59, 56, 61, 54, ___
Relevant for Exams:
