Net National Product (NNP) = Gross National Product (GNP) - Depreciation. The gross national product portion of the NNP formula includes all the final goods and services manufactured and produced within a nation with a period. Both the Gross National Product (GNP) and Gross Domestic Product (GDP) measure the market value of products and services produced in the economy. The terms differ in what constitutes an economy since GDP measures the domestic levels of production while GNP measures the level of the output of a country's residents regardless of their location. (4). NNP: Net National Product (NNP) of an economy is the GNP after deducting the loss due to depreciation'. The formula to derive it may be written like : NNP = GNP - Depreciation or, NNP = GDP + Income from Abroad Depreciation. The different uses of the concept of NNP are as given below : (i) This is the' National Income'(NI) of an economy. GDP = C + I + G + X. GNI uses GDP and two different types of income circumstances: Income from citizens and businesses earned abroad (A) Income remitted by foreigners living in the country back to their home countries (B) This gives the formula: GNI = GDP + [ ( A ) - ( B ) ] To calculate GNP, GDP is used again, with two types of income that Key Takeaways Net national product (NNP) is gross national product (GNP), the total value of finished goods and services produced by a NNP is often examined on an annual basis as a way to measure a nation's success in continuing minimum production Gross Domestic Product (GDP) is the most Vay Tiền Nhanh Chỉ Cần Cmnd.

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