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 the net value of GDP which is called NDP.

Related Questions:

ഫാക്ടർ ചെലവിൽ GDP എന്തിനു തുല്യമാണ് ?

What is the function of the GDP deflator?

i.It is a measure of inflation which evaluates the entire range of goods and services produced in the economy.

ii.It shows real GDP growth on the basis of current production.

iii.The GDP deflator is in real terms while the CPI is in nominal terms.

iv.None of the above