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Pick out the correct equation. (a) GDP = GNP + Net factor income from abroad

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in National Income Accounting by (26.2k points)

Pick out the correct equation.

(a) GDP = GNP + Net factor income from abroad

(b) NNP = GNP – Depreciation

(c) NDP = GDP – Net Indirect Tax

(d) NNP = GNP-Net Indirect Tax

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1 Answer

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(b) NNP = GNP – Depreciation

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