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