Net domestic product is equal to

Question

Quizplus · Accepted Answer

Net domestic product (NDP) is calculated by subtracting depreciation from the gross domestic product (GDP). It represents the total value of goods and services produced within a country's borders, minus the amount of capital that has been used up in the production process. Therefore, the answer is D, as NDP is equal to national income (NI) plus indirect business taxes, after deducting capital consumption allowances or depreciation.

Net Domestic Product Is Equal to