Economy, asked by sonisarvangi101112, 9 hours ago

what should be deducted from GDP to get NDP ? (a) depreciation (b) net factor income from abroad (c) indirect tax (d) subcidy

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Answered by rifafirdousi

If we want to calculate Net Domestic Product from the GDP, then we just have to minus depreciation from the Gross Private Investment. NDP= Consumption + Net Private Investment + Government Expenditure + Net Exports.

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what should be deducted from GDP to get NDP ? (a) depreciation (b) net factor income from abroad (c) indirect tax (d) subcidy​

Answers

what should be deducted from GDP to get NDP ? (a) depreciation (b) net factor income from abroad (c) indirect tax (d) subcidy