GDP (Gross Domestic Product)
- Related to Boundary (India): Land + Sea Boundary (12 N miles),+Air Space+ Embassy + Natural Gas and Oil Platform
- Final Goods and Services (Consumer + Capital)
GNP (Gross National Product)
- Related to Nationality (All over World by Indians)
- GNP = GDP + Net factor from Abroad (Indian - Foreigner)
GDP > GNP
Depreciation
- loss in the value of capital goods due to wear and tear
NDP (Net Domestic Product)
- NDP = GDP - D
NNP (Net National Product)
- NNP =GNP -D
GDP (Market Price)
No comments:
Post a Comment