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To obtain a measure of net national product from GNP, it is necessary to: a) add any transfer payments made by government to households. b)

To obtain a measure of net national product from GNP, it is necessary to:

a) add any transfer payments made by government to households.

b) deduct the value of capital used up in the production of current output.

c) deduct any indirect business taxes paid by firms since no output is produced.

d) add any increases in the nation's stock of capital.

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