If we subtract depreciation from GNP,we are left with
A) disposable income.
B) net national product.
C) gross domestic product
D) gross national income.

Question

Quizplus · Accepted Answer

Subtracting depreciation from GNP gives us net national product (NNP). NNP is a measure of the total value of goods and services produced by a country, after subtracting depreciation or the wear and tear on capital goods. Disposable income is the amount of money an individual has left after paying taxes and necessary expenses. Gross domestic product (GDP) is the total value of goods and services produced within a country's borders, without accounting for the nationality of the producers. Gross national income (GNI) is the total income earned by a country's residents, regardless of their location.

If We Subtract Depreciation from GNP,we Are Left with