-
Net National Product in National Income Accounting refers to
-
- Gross Domestic Product— Depreciation
- Gross Domestic Product + Subsidies
- Gross National Product— Depreciation
- Gross National Product + Subsidies
- Gross Domestic Product— Depreciation
Correct Option: C
Net national product at market price is the market value of the output of final goods and services produced at current price in one year of a country. If we subtract the depreciation charges from the gross national product, we get net national product at market price.
