Gross National Product (GNP) less the provision for the wear and tear of assets is the

  • A net present value
  • B net national product
  • C net factor income
  • D net indirect taxes
jamb 2022economics

The correct answer is B. net national product

Net National Product is the gross national product minus depreciation i.e NNP = GNP - Depreciation or Capital consumption allowance.

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