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Gross national product minus the capital consumed producing the GNP?
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∙ 14y ago
Net National Product
Wiki User
∙ 14y ago
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Which of these is the gross national product minus the capital consumed producing the GNP?
W
The is the gross national product minus the?
A and C Net national product/ depreciation net national product/ capital consumption
What are the factors that determine country's national income?
A country's national income is simply: Amount of economic activity happening - production of real goods & wages. There are several ways to measure this (Net output method, Net Product method, Value Addition etc.) Factors affecting the national income are Labor, Capital, Land and Entrepreneurship. In essence, this means NI = Wages + Interest + Rent + Profit Note that NI is basically the GDP of the country subtracted the amount of capital consumed in producing that GDP, added/subtracted by foreign income flow and govt. subsidies.
What is the cost of depreciation of capital equipment minus GNP?
Net National product
What is gross national product and net national product?
GNP --- Total amount of goods and services produced by a country's firms no matter where they are in the world.NNP --- GNP - Depreciation (the wearing out of a nation's capital stock)
Which of these is the gross national product minus the capital consumed producing the GNP?
W
The is the gross national product minus the?
A and C Net national product/ depreciation net national product/ capital consumption
Is the gross national product minus the?
A and C Net national product/ depreciation net national product/ capital consumption
What is a positive return on capital?
A positive return on capital is a profit. When the sales of a product are greater than the cost of producing the product, the company will make a profit.
The is the Gross National Product minus the .?
A and C Net national product/ depreciation net national product/ capital consumption
What are the factors that determine country's national income?
A country's national income is simply: Amount of economic activity happening - production of real goods & wages. There are several ways to measure this (Net output method, Net Product method, Value Addition etc.) Factors affecting the national income are Labor, Capital, Land and Entrepreneurship. In essence, this means NI = Wages + Interest + Rent + Profit Note that NI is basically the GDP of the country subtracted the amount of capital consumed in producing that GDP, added/subtracted by foreign income flow and govt. subsidies.
What is the cost of depreciation of capital equipment minus GNP?
Net National product
What is gross national product and net national product?
GNP --- Total amount of goods and services produced by a country's firms no matter where they are in the world.NNP --- GNP - Depreciation (the wearing out of a nation's capital stock)
What is NNP in macroeconomics?
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.
What is the product most consumed by people worldwide?
Air.
Which animal product is least efficient at converting feed consumed into the final product?
beef
What is gross domestic product of Antarctica?
Antarctica is not a product-producing continent.
