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coolcat coolcat
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4 years ago

Question 1.

If GNP is $200 billion and depreciation is $20 billion, then net national product is



▸ $100 billion.

▸ $180 billion.

▸ $210 billion.

▸ $220 billion.

Question 2.

If depreciation equals zero and retained earnings equal $5 billion, then



▸ GNP is less than net national product by $5 billion.

▸ GNP equals net national product.

▸ Net national product is less than GNP by $5 billion.

▸ GNP is greater than GDP by $5 billion.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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shamanieshamanie
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4 years ago
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coolcat Author
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