Which of the following is not a component of Income method to GNP?
A)Wages and salaries
B)Interest
C)Depreciation
D)Net foreign investment

Question

Quizplus · Accepted Answer

Depreciation is not a component of the Income method to Gross National Product (GNP) calculation. The Income method focuses on income earned by factors of production, including wages, interest, and net foreign investment, but does not include depreciation, which is an accounting measure of the reduction in value of assets.

Which of the Following Is Not a Component of Income