Which of the Following Is a Difference Between Net Domestic

question 70

Multiple Choice

Which of the following is a difference between net domestic product (NDP) and gross domestic product (GDP) ?

• A)GDP includes the cost of polluting the environment,while NDP does not.
• B)GDP excludes net taxes,while NDP includes it.
• C)GDP excludes that part of the capital stock used up in the production process,while NDP includes it.
• D)GDP includes all government spending,while NDP excludes government spending.
• E)GDP includes that part of the capital stock used up in the production process,while NDP does not.

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Definitions:

Outside Offers

Proposals or bids for employment, contracts, or purchases that originate from entities or individuals external to an organization or negotiation.

Sale Price

The final price at which a product is sold to the consumer, often after discounts or during promotional periods.

Axiomic View

A perspective built on accepted principles or statements taken to be self-evident truths.

Strategic View

An approach focusing on long-term objectives, positioning, and plans to achieve sustainable competitive advantage.