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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


Team Careers360 13th Jan, 2024
Answer (1)
Team Careers360 22nd Jan, 2024

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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