Which of the following is subtracted from GNP when calculating net national product?
A)Interest
B)Capital consumption allowance
C)Rent
D)Indirect business taxes
E)Consumption

Question

Quizplus · Accepted Answer

Capital consumption allowance is subtracted from GNP to calculate net national product, which is the value of goods and services produced by a country's residents and businesses, accounting for depreciation of capital goods. Interest, rent, indirect business taxes, and consumption are not subtracted from GNP to calculate net national product.

Which of the Following Is Subtracted from GNP When Calculating