Question : Gross National Product - Depreciation Allowance = ?
Option 1: Per capita Income
Option 2: Gross Domestic Product
Option 3: Pesonal Income
Option 4: Net National Product
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Correct Answer: Net National Product
Solution : Correct Answer is Net National Product
Commonly, the gross national product (GNP) is determined by adding up all domestic private investment, domestic government spending, net exports, and any resident income from overseas investments, then deducting foreign resident income. It is the total dollar amount of all finished goods and services produced by all citizens of a nation during a specific fiscal year, regardless of where they were located.
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