Which is subtracted from GOP toobtain NOP
National Domestic Producti?
Answers
Answer:
Answer
AnswerBy subtracting depreciation from Gross domestic product we get NDP (Net Domestic Product)
AnswerBy subtracting depreciation from Gross domestic product we get NDP (Net Domestic Product)When depreciation (decrease in assets due to unfavourable conditions) is subtracted from Gross domestic product which is the measure of the market value of all final goods and services produced in a year we get NDP (Net Domestic Product)
AnswerBy subtracting depreciation from Gross domestic product we get NDP (Net Domestic Product)When depreciation (decrease in assets due to unfavourable conditions) is subtracted from Gross domestic product which is the measure of the market value of all final goods and services produced in a year we get NDP (Net Domestic Product)NDP=GDP-Depreciation
Explanation:
By subtracting depreciation from Gross domestic product we get NDP (Net Domestic Product)
When depreciation (decrease in assets due to unfavourable conditions) is subtracted from Gross domestic product which is the measure of the market value of all final goods and services produced in a year we get NDP (Net Domestic Product)
NDP=GDP-Depreciation