2008
Economics
POST UTME
Which of the following equation is the correct one about Net National Product (NNP)?
A.
NNP= Gross National product (GNP) – Depreciation
B.
NNP = Gross National product (GNP) + Net incomes from abroad.
C.
NNP = Gross Domestic product (GDP) – Depreciation
D.
NNP = Gross Domestic product (GDP) – Net incomes from abroad.
Correct Answer: NNP= Gross National product (GNP) – Depreciation
Explanation
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