Refer to the table shown. $\begin{array} { |l | c |}
\hline & \text { In trillims of dallars } \
\hline \text { Consurnotion } & 4.2 \
\hline \text { Irvestment } & 1.2 \
\hline \text { Government Purchases } & 1.5 \
\hline \text { Depreciation } & 0.4 \
\hline \text { GDP } & 6.6 \
\hline
\end{array}$ What is the economy's net domestic product?

Question

Refer to the table shown. $\begin{array} { |l | c |} 
\hline & \text { In trillims of dallars } \
\hline \text { Consurnotion } & 4.2 \
\hline \text { Irvestment } &  1.2 \
\hline \text { Government Purchases } & 1.5 \
\hline \text { Depreciation } &  0.4 \
\hline \text { GDP } &  6.6 \
\hline
\end{array}$ What is the economy's net domestic product?

Quizplus · Accepted Answer

Net Domestic Product (NDP) is calculated by subtracting depreciation from the Gross Domestic Product (GDP). Given that GDP is $6.6 trillion and depreciation is $0.4 trillion, NDP = GDP - Depreciation = $6.6 trillion - $0.4 trillion = $6.2 trillion.

Refer to the Table Shown What Is the Economy's Net Domestic Product? A)$6

Refer to the Table Shown What Is the Economy's Net Domestic Product?
A)$6