GDP is the gross total income and NDP is the net domestic product
Net Domestic Product NDP
whatever product is produced and sales in our country that is called GDP,selling tothe othe country that is called GNP
You have to know that Gross includes Depreciation... And market price includes all the taxes... So...for calculation.. You have to add depreciation to domestic income, i.e; NDP at FC + depreciation....you will now get GDP at FC... Factor cost doesn't include Net Indirect TAX...so you have to add that...and you'll get the answer.... NDP at FC + depreciation + NIT = GDP at MP
If GDP is $6000,net investment is $200,Government Purchaser is $1100,Gross investment is $800,Consumption is $4000 and Government budget surplus is $30 then find the NDP
Gross vs. Net in EconomicsIn Economics, gross means before deductions (brutto), e.g. Gross Domestic Product (GDP) refers to the total market value of all final goods and services produced within a country in a given period of time. Net Domestic Product (NDP) refers to the(GDP) minus depreciation on a country's Capital (economics) goods. (The NDP is thus, in effect, an estimate of how much the country has to spend to maintain the current GDP.)GDP = Consumption + Investment + Government Spending + (Exports - Imports)GNP = GDP + Net Income from Assets AbroadGNP adds back (or subtracts away) from the GDP income made by domestic people in foreign countries minus income bade by foreigners domestically.GDP concern is BORDER, whereas GNP concern is PRODUCER.This link provides indepth understanding on GDP, GNP, Real GDP,Nominal GDP, GDP Deflator ....
Net Domestic Product NDP
"The net domestic product (NDP) equals the gross domestic product (GDP) minus depreciation on a country's capital goods." from wikipedia entry en.wikipedia.org/wiki/Net_domestic_productPlease look it up first!
whatever product is produced and sales in our country that is called GDP,selling tothe othe country that is called GNP
You have to know that Gross includes Depreciation... And market price includes all the taxes... So...for calculation.. You have to add depreciation to domestic income, i.e; NDP at FC + depreciation....you will now get GDP at FC... Factor cost doesn't include Net Indirect TAX...so you have to add that...and you'll get the answer.... NDP at FC + depreciation + NIT = GDP at MP
If GDP is $6000,net investment is $200,Government Purchaser is $1100,Gross investment is $800,Consumption is $4000 and Government budget surplus is $30 then find the NDP
Gross vs. Net in EconomicsIn Economics, gross means before deductions (brutto), e.g. Gross Domestic Product (GDP) refers to the total market value of all final goods and services produced within a country in a given period of time. Net Domestic Product (NDP) refers to the(GDP) minus depreciation on a country's Capital (economics) goods. (The NDP is thus, in effect, an estimate of how much the country has to spend to maintain the current GDP.)GDP = Consumption + Investment + Government Spending + (Exports - Imports)GNP = GDP + Net Income from Assets AbroadGNP adds back (or subtracts away) from the GDP income made by domestic people in foreign countries minus income bade by foreigners domestically.GDP concern is BORDER, whereas GNP concern is PRODUCER.This link provides indepth understanding on GDP, GNP, Real GDP,Nominal GDP, GDP Deflator ....
the founder of the ndp is emily hamilton
NDP 1: Naval Warfare NDP 2: Naval Intelligence NDP 3: Naval Logistics NDP 4: Naval Logistics NDP 5: Planning
she belongs to the new democratic party (ndp) and she is the leader of new democratic party of ndp and she is the first women to serve ontario and she was the leader of ndp from 2009.
the ndp was formed october 1961, hopee this helped!
Real GDP means Real Gross Domestic Product. It is an inflation-adjusted measure that reflects the value of all goods and services produced in a given year.
Liberals are for the middle class. Conservatives are for the rich. NDP are for the poor.