Net National Product is derived by deducting
...Net National Product is derived by deducting
Net exports from GNP
Subsidies from GDP
Taxes from GDP
Depreciation from GNP
Correct answer is D
Net national product is gotten by adding;
The market value of all finished goods + the market value of all finished services - the depreciation of those goods and services = net national product.
Palm oil and palm kernel are in? ...
The following constitute the criteria for identifying an economic system except? ...
All the following are types of specialization except ...
An example of government's recurrent expenditure is ...
The quality of labour force in Nigeria can be improved by ...
The introduction of money into the economy has helped to resolve the following problems EXCEPT ...
A producer sustains a loss in the short run if ...
Economics is the study of human behaviour as it relates to the ...