Net national product (NNP) is equal to
A) personal income minus taxes.
B) GNP minus consumption of fixed capital.
C) GDP plus consumption of fixed capital.
D) national income plus consumption of fixed capital.
B
Economics
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The recent interventions in Sudan, Yugoslavia, and Libya were all motivated by the need to _______, while Rwanda in 1994 and Syria in 2012 had the same need but lacked such intervention.
Fill in the blank(s) with the appropriate word(s).
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A production quota on tobacco lowers the price of tobacco and the marginal cost of producing it
Indicate whether the statement is true or false
Economics