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Net National Product is the sum of total final goods produced by an economy in certain time period that is one year ,minus the total capital money incurred for the production of total final goods in an economy for the time period of one year.

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17y ago

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Definition of per net state domestic product in India?

Net state Domestic Product = Gross Domestic Product(GDP) - Depreciation


What is GDP at FC?

GDP fc is the gross domestic product at factor cost. the production cost for the overall goods and services produced with in an economy. GDP at factor cost = GDP at market price + net indirect taxes net indirect taxes = subsidies - indirect taxes


Are gross domestic product and net national product equal?

(gross national product or GNP) minus depreciation = net national product


What adjustments must be made to total income to make it equal to GDP?

Indirect taxes minus subsidies are added to get from factor cost to market prices.Depreciation (or Capital Consumption Allowance) is added to get from net domestic product to gross domestic product.


What adjustments must be made to total income to make it equal GDP?

Indirect taxes minus subsidies are added to get from factor cost to market prices.Depreciation (or Capital Consumption Allowance) is added to get from net domestic product to gross domestic product.


How much money did The Net gross domestically?

The Net grossed $50,621,733 in the domestic market.


Net domestic product at factor cost?

Gross domestic product is sum of the gross value added in the various economic activities. GDP at factor cost plus indirect taxes less subsidies on products is known as producer price.


What is GDP minus capital depreciation?

Net Domestic Product NDP


Does net price refer to manufactures suggested retail price or wholesale price?

Net price is wholesale pricing. This usually indicates that the manufacturer does not have a set retail price for its product, and whatever you retail the product for is up to you. So check with your competitors as to what is the average markup on that product for your industry.


How does NDP differ from GDP?

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


Is the net price the same as cost price?

No, the net price is not the same as the cost price. The cost price refers to the original amount paid to acquire a product, while the net price is the final selling price after deductions such as discounts, taxes, or additional fees. Essentially, the net price reflects what the buyer pays after all adjustments, whereas the cost price is what the seller initially incurs.


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!