The net national product (NNP) is the:

Question

Quizplus · Accepted Answer

NNP is calculated by subtracting depreciation from GNP. This gives the net value of all goods and services produced by a country's residents, taking into account the wear and tear on capital goods. Option A is incorrect as it refers to a different measure, which is the net domestic product. Option C is incorrect as it does not take into account the difference between gross and net values. Option D is incorrect as it refers to another measure, which is the gross domestic product plus indirect taxes. Option E is incorrect as it also refers to another measure, which is the net domestic product.

The Net National Product (NNP) Is The