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The difference between GDP and NDP The accumulation of capital stock The consumption of fixed capital

User Xmhafiz
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Answer:

The consumption of fixed capital

Step-by-step explanation:

GDP is Gross Domestic Product : Gross value of all final (finished) goods produced within an economy during an year.

NDP is Net Domestic Product : Net value of all final (finished) goods produced within an economy during an year.

GDP is the the production valued at its gross original price i.e at price excluding depreciation cost .

NDP is production valued at its net price , after deducting depreciation cost from gross value.

Depreciation is also called Consumption of Fixed Capital.

GDP - Depreciation/Consumption of fixed capital = NDP

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