give the formula for calculating the net national product at factor cost
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give the formula for calculating the net national product at factor cost
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Answer:
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Explanation:
The Net National Product (NNP) of an economy is the GNP after deducting the loss due to 'depreciation'. The formula to derive it may be written like: NNP = GNP – Depreciation OR. NNP = GDP + Income from Abroad – Depreciation.
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Answer:
fundamental unit of arithmetic
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the HCF of prime number and smallest composite number is 2