NNP also equals total compensation of employees + net indirect tax paid on current production + operating surplus.
A and C Net national product/ depreciation net national product/ capital consumption
(gross national product or GNP) minus depreciation = net national product
True. (:
Net National Product
True. (:
A and C Net national product/ depreciation net national product/ capital consumption
A and C Net national product/ depreciation net national product/ capital consumption
(gross national product or GNP) minus depreciation = net national product
A and C Net national product/ depreciation net national product/ capital consumption
True. (:
Net National Product
True. (:
True. (:
National Income
National Income
national income = NNP ( net national product) - indirect business taxes
Gross national product is the measure of a countries total economic activity. The formula for figuring out a country's GNP is GDP=C+I+G+Xn. C is consumption, I is investment, G is government purchases, and Xn is net exports.