Net domestic product is:
A. Equal to GDP minus indirect business taxes.
B. The total market value of all goods produced in the period.
C. Equal to national income minus depreciation.
D. The net market value of goods and services produced in the economy after adjusting for depreciation.
Answer:D
Net domestic product is:
A. Equal to GDP minus indirect business taxes. B. The total market value of all goods produced in the period. C. Equal to national income minus depreciation. D. The net market value of goods and services produced in the economy after adjusting for depreciation.