(gross national product or GNP) minus depreciation = net national product
A and C Net national product/ depreciation net national product/ capital consumption
True. (:
True. (:
Net National Product
(gross national product or GNP) minus depreciation = net national product
A and C Net national product/ depreciation net national product/ capital consumption
A and C Net national product/ depreciation net national product/ capital consumption
True. (:
True. (:
True. (:
Net National Product
A and C Net national product/ depreciation net national product/ capital consumption
Gross National Product [GNP] is the gross value of all the final products without deducting the depreciation of fixed capital. It is the total of market value of final goods and services produced in a years. Net National Product [NNP] is the value of net output in an economy during a period of one year. The net national product is calculated by deducting depreciation from the gross national product. NNP = GNP - Depreciation
Ireland does have a gross national product.
GNP stands for Gross National Product
GNP stands for Gross National Product