Which of the following equation is appropriate for determining the Net Domestic Product (NDP)?

  • A NDP = GNP - depreciation
  • B NDP = GDP + Net Income from abroad
  • C NDP = GDP - depreciation
  • D NDP = GDP * Net Income from abroad
waec 2010economics

The correct answer is C. NDP = GDP - depreciation

Net domestic product (NDP) is an annual measure of the economic output of a nation that is adjusted to account for depreciation and is calculated by subtracting depreciation from the gross domestic product (GDP).

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