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NNP = GNP-Depriciation it is the net out put in a economy during a period of time.
No, GDP (Gross Domestic Product) is not equal to NNP (Net National Product) minus depreciation. Instead, NNP is calculated by subtracting depreciation from GDP. In other words, NNP = GDP - depreciation, where depreciation accounts for the wear and tear on capital goods. Therefore, GDP represents the total value of all goods and services produced, while NNP provides a measure of the net value after accounting for capital consumption.
76 uiy nnp
NNP=GNP-depreciation
3.5 millom
national income = NNP ( net national product) - indirect business taxes
Gross National Product [GNP] is the gross value of all the final products without deducting the depreciation of fixed capital. It is the total of market value of final goods and services produced in a years. Net National Product [NNP] is the value of net output in an economy during a period of one year. The net national product is calculated by deducting depreciation from the gross national product. NNP = GNP - Depreciation
Net national product (NNP) is the total market value of all final goods and services produced by residents in a country or other policy during a given period (gross national product or GNP) minus depreciation. Depreciation (also known as consumption of fixed capital) measures the amount of GNP that must be spent on new capital goods to maintain the existing physical capital stock. NNP is the amount of goods in a given year which can be consumed without reducing future consumption. Setting part of NNP aside for investment permits capital stock growth (see economic growth and capital formation), and greater future consumption.
Net Domestic Product (NDP) and Net National Product (NNP) are both measures of economic performance. NDP calculates the value of all goods and services produced within a country's borders, minus depreciation on capital goods, while NNP accounts for the net production by residents of a country, including income earned abroad, and also subtracts depreciation. In essence, NDP focuses on domestic economic activity, whereas NNP considers the overall economic contribution of the nation's residents, including international factors. Both metrics are useful for assessing economic health, but they emphasize slightly different aspects of production and income.
The acronym NPP has many different meanings. It could mean National Peoples Party which is a political party found in Pakistan. Also, it could stand for National Peace Prize or Nobel Prize in Physics.
What is an acronym for CASI
acronym