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

question 147

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; NDP does not.
• B)GDP is gross because it values spending on each good and service in dollar terms; NDP excludes taxes.
• C)GDP includes exports; NDP omits exports.
• D)GDP includes all government spending; NDP subtracts taxes.
• E)GDP includes that part of the capital stock used up in the production process; NDP does not.

---

Definitions:

Descriptive Headings

Titles or labels used in documents or presentations that provide a summary or overview of the content that follows.

Solicited Proposal

A proposal requested by an individual or organization, often in response to a specific need or project.

Scope

The range of information presented in a message, its overall length, and the level of detail provided.

Audience's Guidelines

Instructions or criteria provided to tailor communication or presentations to the preferences, needs, or expectations of a specific audience.