answersLogoWhite

0


Best Answer

NDP and NNP are different (though sometimes they could be equal between each-other).

"Domestic" means that it includes everything produced within country (domestically) and it doesn't matter who have produced it - foreigners or residents.

"National" means that it includes everything that are produced by residents only (or by capital belonging to residents) - and it doesn't matter if it is produced domestically or internationally (for instance if I go to work into Another Country then my work should be included in national but not in domestic product).

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the difference between NDP and NNP?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is NNP?

NNP = GNP-Depriciation it is the net out put in a economy during a period of time.


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


What is the difference between GDP ndp and gnp?

whatever product is produced and sales in our country that is called GDP,selling tothe othe country that is called GNP


Who is the founder of the NDP?

the founder of the ndp is emily hamilton


Five publications that comprise the Naval Doctrine Publications (NDPs)?

NDP 1: Naval Warfare NDP 2: Naval Intelligence NDP 3: Naval Logistics NDP 4: Naval Logistics NDP 5: Planning


What is the acronym of NNP?

Napatay ni patty


What is difference between GNP and NNP?

GNP: Former measure of the United States economy; the total market value of goods and services produced by all citizens and capital during a given period (usually 1 yr). NNP:is not a word.


What party does NDP Andrea horwath belong?

she belongs to the new democratic party (ndp) and she is the leader of new democratic party of ndp and she is the first women to serve ontario and she was the leader of ndp from 2009.


What is six sixteens simplified?

76 uiy nnp


What is gnp ni nnp of Pakistan in 2011?

3.5 millom


What is formula for calculating net income?

NNP=GNP-depreciation


How does NDP differ from GDP?

GDP is the gross total income and NDP is the net domestic product