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GDP is the gross total income and NDP is the net domestic product

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14y ago

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What is GDP minus capital depreciation?

Net Domestic Product NDP


What is subtracted from GDP to equal 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!


What is the difference between GDP ndp and gnp?

whatever product is produced and sales in our country that is called GDP,selling tothe othe country that is called GNP


How do you calculate GDP mp?

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 6000net investment is 200Goernment Purchaser is 1100Gross investment is 800Consumption is 4000 and Government budget surplus is 30 then find the NDP?

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


What is the formula for net domestic product?

The formula for Net Domestic Product (NDP) is: [ \text{NDP} = \text{GDP} - \text{Depreciation} ] where GDP represents Gross Domestic Product, which measures the total value of all goods and services produced in a country, and depreciation accounts for the loss of value of capital goods over time. NDP provides a clearer view of an economy's sustainable economic activity by accounting for the wear and tear on capital assets.


What is gross domestic product (GDP)?

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 ....


Why do real GDP and nominal GDP differ?

Real GDP and nominal GDP differ primarily because real GDP is adjusted for inflation, while nominal GDP is measured using current prices without accounting for changes in the price level. This means that real GDP provides a more accurate reflection of an economy's true growth by isolating changes in output, whereas nominal GDP can be influenced by price increases. Consequently, during periods of inflation, nominal GDP may appear higher than real GDP, potentially misrepresenting economic performance.


If there are no statistical discrepancies ndp is?

If there are no statistical discrepancies, the net domestic product (NDP) is equal to the gross domestic product (GDP) minus depreciation. This means that all economic activities are accurately accounted for, and the value added by production is not offset by the loss of value from capital consumption. Therefore, NDP provides a clearer picture of an economy's sustainable growth by reflecting the net value generated after accounting for capital used up in production.


Who is the founder of the NDP?

the founder of the ndp is emily hamilton


Five publications that comprise the Naval Doctrine Publications (NDPs)?

NDP 1: Naval Warfare NDP 2: Naval Intelligence NDP 3: Naval Logistics NDP 4: Naval Logistics NDP 5: Planning


How can one determine the net domestic product and what steps should be taken to find it accurately?

To determine the net domestic product (NDP), subtract depreciation from the gross domestic product (GDP). Depreciation accounts for the wear and tear on capital goods used in production. To find it accurately, gather data on GDP and depreciation from official sources like the Bureau of Economic Analysis. Ensure that all relevant factors are considered and calculations are done correctly to arrive at an accurate NDP figure.

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