Wednesday, February 1, 2017

GDP Continued (2/1)

MORE GDP CALCULATIONS!

Depreciation or Consumption of Fixed Capital:
- lost of value of capital equipment due to normal wear and tear

Gross Investment:
Net Investment + Depreciation

Net Domestic Product:
GDP - Depreciation

Net National Product:
GNP - Depreciation

GNP:
GDP + Net Foreign Factor Payment

Image result for gnp calculations

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