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Q. |
Which of the following is deducted from GNP to arrive at NNP? |
A. | Depreciation |
B. | Interest |
C. | Tax |
D. | Subsidy |
Answer» A. Depreciation | |
Explanation: If we subtract the depreciation charges from the gross national product, we get net national product at market price. Net national product at market price=Gross national product at market priceDepreciation. |
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