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What is gross national product and net national product?

Updated: 4/28/2022

Wiki User

∙ 12y ago

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GNP --- Total amount of goods and services produced by a country's firms no matter where they are in the world.NNP --- GNP - Depreciation (the wearing out of a nation's capital stock)

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∙ 12y ago

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Continue Learning about Economics

Are gross domestic product and net national product equal?

(gross national product or GNP) minus depreciation = net national product

The is the gross national product minus the?

A and C Net national product/ depreciation net national product/ capital consumption

The Net National Product is calculated by deducting specific items from the Gross National Product?

True. (:

The Net National Product is calculated by deducting specific items from the Gross National Product.?

True. (:

Gross national product minus the capital consumed producing the GNP?

Net National Product

Related questions

Are gross domestic product and net national product equal?

(gross national product or GNP) minus depreciation = net national product

The is the gross national product minus the?

A and C Net national product/ depreciation net national product/ capital consumption

Is the gross national product minus the?

A and C Net national product/ depreciation net national product/ capital consumption

The Net National Product is calculated by deducting specific items from the Gross National Product?

True. (:

Is The Net National Product calculated by deducting specific items from the Gross National Product.?

True. (:

The Net National Product is calculated by deducting specific items from the Gross National Product.?

True. (:

Gross national product minus the capital consumed producing the GNP?

Net National Product

The is the Gross National Product minus the .?

A and C Net national product/ depreciation net national product/ capital consumption

What is the difference between GNP and NNP?

Gross National Product [GNP] is the gross value of all the final products without deducting the depreciation of fixed capital. It is the total of market value of final goods and services produced in a years. Net National Product [NNP] is the value of net output in an economy during a period of one year. The net national product is calculated by deducting depreciation from the gross national product. NNP = GNP - Depreciation

Why does Ireland not have a gross national product?

Ireland does have a gross national product.

What is the the gross national product?

GNP stands for Gross National Product

What is the Gross national product Abbreviation?

GNP stands for Gross National Product

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