How Does Net Domestic Product (NDP) Differ from Gross Domestic

question 86

Multiple Choice

How does net domestic product (NDP) differ from gross domestic product (GDP) ?  

• A) GDP includes expenditures for gross products that pollute the environment, but NDP does NOT. 
• B) GDP is gross because it values spending on each good and service in dollar terms, but NDP excludes taxes. 
• C) GDP includes exports, but NDP omits exports. 
• D) GDP includes that part of the capital stock used up in the production process, but NDP does NOT.

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Sociohistorical Context

The social and historical background that influences and shapes individuals, groups, or events.

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