Q.

Gross National Product - Depreciation Allowance =?

A. Per Capita Income
B. Gross Domestic Product
C. Personal Income
D. Net National Product
Answer» D. Net National Product
Explanation: Net National product (NNP) is Gross National Product minus a depreciation allowance for the wearing out of machines and buildings during the period. In other words, NNP= Gross National Product - Depreciation Allowance. Since NNP counts only the net additions to the nation's stock, it is less than GNP.
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