Which of the following is deducted from Net National Product (NNP) to arrive at National Income (NI)?

Taxes
Capital consumption allowance
Subsidy
Interest

LohaHridoy

4 views

2025-01-04 04:42

1 Answers

AhmedNazir

Option 1 : Taxes

Net National Product (NNP) of an economy is the GNP after deducting the loss due to ‘depreciation’.
The formula to derive it may be written like: NNP = GNP – Depreciation or,
NNP = GDP + Income from Abroad – Depreciation.
NI=NNP+Subsidy-Tax

4 views Answered 2022-09-04 04:29

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