Question : Gross Domestic Product less Depreciation is________.
Option 1: Gross Domestic Investment
Option 2: Net National Product
Option 3: Gross National Product
Option 4: Net Domestic Product
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Correct Answer: Net Domestic Product
Solution : The correct option is Net Domestic Product .
Gross domestic product Depreciation, also known as net domestic product (NDP), represents the total economic output of a country after subtracting the depreciation of its capital assets. It provides a more accurate measure of a nation's economic health by accounting for the wear and tear on existing infrastructure and offering insights into sustainable economic growth.
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