GNP exceed NNP by? And how?
Dear Student
GNP exceeds NNP when depreciation is added to NNP.
GNP stands for Gross National Product and NNP stands for Net National Product. When we have to calculate NNP, depreciation is deducted from GNP.
Regards
GNP exceeds NNP when depreciation is added to NNP.
GNP stands for Gross National Product and NNP stands for Net National Product. When we have to calculate NNP, depreciation is deducted from GNP.
Regards