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.
NNP = GNP-Depriciation it is the net out put in a economy during a period of time.
Which level does macroeconomics focus on?
Macroeconomics refers to the national economy.
I don't think you can use Macroeconomics in a sentence.
difference in methodology for microeconomics and macroeconomics?
NNP = GNP-Depriciation it is the net out put in a economy during a period of time.
Napatay ni patty
76 uiy nnp
NNP=GNP-depreciation
3.5 millom
Which level does macroeconomics focus on?
Macroeconomics refers to the national economy.
Journal of Macroeconomics was created in 1979.
I don't think you can use Macroeconomics in a sentence.
difference in methodology for microeconomics and macroeconomics?
Macroeconomics examines the consumer purchases of families and age groups.
The word macroeconomics is a noun. It is the study of the entire economy.