Start learning →

Net Domestic Product (NDP) at market prices equals

AGDP_MP + NFIA
BGDP_MP + Depreciation
CGDP_MP − Depreciation
DGDP_MP − Net Indirect Taxes
Answer & Solution
Correct answer: C. GDP_MP − Depreciation
NDP_MP = GDP_MP − Depreciation. Net concepts subtract consumption of fixed capital (depreciation) from gross concepts.
Practise this question with Quill — AP Intermediate 2nd Year →

Keep practising Introduction to Microeconomics

Browse all Introduction to Microeconomics questions for AP Intermediate 2nd Year, or explore more Economics topics.

Start a Introduction to Microeconomics lesson →