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Net domestic product is equal to GDP minus:
Economic Profit
The difference between the total revenue earned by a business and the total costs (both explicit and implicit) of all resources used.
Excess Profit
Profit earned by a firm that exceeds the normal level of profit in its industry, often due to monopolistic power or a lack of competition.
Economic Profit
The difference between the total revenue earned from production and the total costs (including both explicit and implicit costs) involved in the creation of that production.
Excess Profit
Profit earned by a firm that exceeds the normal profit level, often due to monopolistic power or market inefficiencies.
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