If Depreciation Equals Zero and Retained Earnings Equal $25 Billion

question 108

Multiple Choice

If depreciation equals zero and retained earnings equal $25 billion, then

• A) GNP is less than net national product by $25 billion.
• B) GNP equals net national product.
• C) net national product is less than GNP by $25 billion.
• D) GNP is greater than GDP by $25 billion.