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The difference between GNP and NNP is |
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Answer» ational 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 |
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