A) corporate profits
B) personal taxes
C) transfer payments
D) depreciation
Correct Answer: D
Solution :
Gross National Product [GNP] is the gross value of all the final products without deducting the depreciation of fixed capital. Net National Product [NNP] is the value of net output in an economy during a period of one year. The difference between the GNP and NNP is equal to Capital depreciation.You need to login to perform this action.
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