Q.Expansion for NNP is :

NNP is the expansion of Net National Product, so the answer is (b).

In the national-income aggregates of the Tamil Nadu HSC Commerce syllabus, NNP stands for Net National Product. It is derived from Gross National Product (GNP) by subtracting depreciation (the wear and tear / consumption of fixed capital):

NNP = GNP − Depreciation

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GDP deflator = (Nominal GDP / Real GDP) x 100, so option (d) is correct.

The GDP deflator measures the average change in prices of all goods and services included in GDP. It is found by:

GDP deflator = (Nominal GDP / Real GDP) x 100

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