What is the difference between gross domestic product and net domestic product?
Answers
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Answer:
The net domestic product (NDP) equals the gross domestic product (GDP) minus depreciation on a country's capital goods. Net domestic product accounts for capital that has been consumed over the year in the form of housing, vehicle, or machinery deterioration.
Explanation:
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2
Answer:
G.D.P=A COUNTRY
G.N.P=INTERNATIONAL
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