Which one of the following statements is the most accurate?
A) GNP plus depreciation is called net national product (NNP) .
B) GNP less depreciation is called net national product (NNP) .
C) GNP less depreciation is called net factor product (NFP) .
D) GDP plus depreciation is called net national product (NNP) .
E) GDP less depreciation is called net national product (NNP) .
Correct Answer:
Verified
Q1: Net unilateral transfers
A) are part of a
Q2: In 2006,the United States had
A) a surplus
Q4: The sale of
A) a used textbook does
Q8: GDP is different than GNP in that
A)
Q9: Which one of the following statements is
Q10: The highest component of GNP is
A) the
Q14: Movements in GDP
A) and GNP usually do
Q17: A country's gross national product (GNP) is
A)
Q19: Purchases of inventories by
A) firms are not
Q20: GDP is supposed to measure
A) the volume
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