Question
The difference between the GNP and the NNP is equal to the
Answer: Option B
Answer: (b)
Depreciation refers to two very different but related concepts: the decrease in value of assets (fair value depreciation), and the allocation of the cost of assets to periods in which the assets are used (depreciation with the matching principle).
The difference between the GNP and NNP is equal to capital depreciation. It is the wearing out, breaking down, or technological obsolescence.
Was this answer helpful ?
Answer: (b)
Depreciation refers to two very different but related concepts: the decrease in value of assets (fair value depreciation), and the allocation of the cost of assets to periods in which the assets are used (depreciation with the matching principle).
The difference between the GNP and NNP is equal to capital depreciation. It is the wearing out, breaking down, or technological obsolescence.
Was this answer helpful ?
More Questions on This Topic :
Question 1. Situation Analysis is useful for:
....
Question 4. National Income include :
....
Question 5. What is included in the Tetiary sector ?
....
Question 9. Transfer payments include :
....
Question 10. Who said ‘Supply creates its own demand’?
....
Latest Videos
Latest Test Papers
Submit Solution