Economy, asked by rush2668, 10 months ago

Describe the relationship between NDP and NNP with the help of an equation.

Answers

Answered by simmujosan

Explanation:

The difference between NNP and NDP is net foreign factor income. In the same way that NDP is derived from GDP by subtracting capital depreciation, specifically the capital consumption adjustment (CCA), NNP is derived from GNP by subtracting the capital consumption adjustment.

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