The net value of GDP after deducting depreciation from GDP is?

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ANet national product

BNet domestic product

CGross national product

DDisposable income

Answer:

After deducting the depreciation charges of plant and machinery from GDP, we get net value of GDP which is called NDP.

Related Questions:

With reference to the Gross Domestic Product, which of the following statements is/are correct?

1. It is the value of the all-final goods and services produced within the boundary of a nation during one year period.

2. It is calculated by adding national private consumption, gross investment, government spending and trade balance.