net domestic product
measure of economic activity derived by subtracting the capital consumption allowance from Gross Domestic Product (GDP) .
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Net Domestic Product
Definition: Gross National Product less depreciation on a country's capital goods.
Net Domestic Product
Definition: Net National Product minus property income from abroad
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Net domestic product (NDP) GDP minus depreciation.
Net investment Gross private domestic investment minus an estimate of the wear and tear on the existing capital stock.
Net domestic product - Gross domestic product less capital consumed (depreciation) in the production of GDP.
NDP - Net Domestic Product - An annual measure of the economic output of a nation that is adjusted to account for depreciation, calculated by subtracting depreciation from the gross domestic product (GDP).
NET DOMESTIC PRODUCT AND NATIONAL INCOME: Net domestic product (NDP) is the total market value of all final goods and services produced within the political boundaries of an economy during a given period of time, usually a year, ...
Net Domestic Product (business term)
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Net domestic product
Necessity test
A procedure to determine whether a trade restriction intended to serve some purpose is necessary for that purpose.
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Net Domestic Product A measure of a country's national accounts to estimate how much the country... net earnings A measure of a firm's performance, and calculated by the following: gross sales...
If it were deducted, we would have a measure called net domestic product (NDP), also known as national income. The words "product" and "income" are often used interchangeably, so GNP per capita is also called income per capita.
 See also: Gross domestic product, National income, Feedback, Tip, Perfect competition
  
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