What Is Net National Product?


1 Answers

Evelyn Vaz Profile
Evelyn Vaz answered
The Net National Product also known as NNP is basically the total market value for all kinds of goods and services. It is basically these goods that are manufactured by citizens, which is also known as Gross National Product, which is during a specific period of time minus depreciation. The Net National Product is the total of supplies in a specified year which can be extreme without dropping the total which can be extreme in the future. Setting division of Net National Product to the side for speculation permits the increase of the resources stock and the expenditure of more merchandise in the future.

Net National Product is also expressed as total compensation of employees + net indirect tax paid on current production + operating surplus.

Answer Question