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3. Refer to Table 2. The value for NNP in billions of dollars is NNP= GNP – Depreciation = 770 – 30 = 740
4. Refer to Table 2, The value for national income in billions of dollars is National Income = NNP – Indirect taxes + subsidies National income = 740 – 0 + 0 = 740
2 of 38
4. Refer to Table 2, The value for national income in billions of dollars is National Income = NNP – Indirect taxes + subsidies National income = 740 – 0 + 0 = 740
2 of 38
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