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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 else can I help you with?
What is NNP?
NNP = GNP-Depriciation it is the net out put in a economy during a period of time.
What level does macroeconomics focus on?
Which level does macroeconomics focus on?
What does the term macroeconomics refer?
Macroeconomics refers to the national economy.
How do you use macroeconomics in a sentence?
I don't think you can use Macroeconomics in a sentence.
What are the Methodological differences between microeconomics and macroeconomics?
difference in methodology for microeconomics and macroeconomics?
What is NNP?
NNP = GNP-Depriciation it is the net out put in a economy during a period of time.
Is GDP equal to NNP - depreciation?
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.
What is the acronym of NNP?
Napatay ni patty
What is six sixteens simplified?
76 uiy nnp
What is formula for calculating net income?
NNP=GNP-depreciation
What is gnp ni nnp of Pakistan in 2011?
3.5 millom
What level does macroeconomics focus on?
Which level does macroeconomics focus on?
What does the term macroeconomics refer?
Macroeconomics refers to the national economy.
When was Journal of Macroeconomics created?
Journal of Macroeconomics was created in 1979.
How do you use macroeconomics in a sentence?
I don't think you can use Macroeconomics in a sentence.
What are the Methodological differences between microeconomics and macroeconomics?
difference in methodology for microeconomics and macroeconomics?
What does not describe macroeconomics?
Macroeconomics examines the consumer purchases of families and age groups.
