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Additional
net national product
English Wikipedia - The Free Encyclopedia
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Net national product
Net national product
(NNP) refers to
gross national product (GNP)
, i.e. the total
market value
of all final
goods
and
services
produced by the
factors of production
of a country or other polity during a given time period, minus
depreciation
. Similarly,
net domestic product
(NDP) corresponds to
gross domestic product (GDP)
minus depreciation. Depreciation describes the devaluation of fixed capital through wear and tear associated with its use in productive activities.
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