Q. Select the correct statement: (Solved)
1. transfer payment are included in national income
2. depreciation allowance is a part of gnp
3. taxes are not included in nnp
4. gdp means gross direct production
- b. depreciation allowance is a part of gnp
1. transfer payment are included in national income
2. depreciation allowance is a part of gnp
3. taxes are not included in nnp
4. gdp means gross direct production