Question
Aggregate net value of the output in one year is the
Answer: Option A
Answer: (a)
Net national product at market price is the market value of the output of final goods and services produced at the current price in one year of a country.
If we subtract the depreciation charges from the gross national product, we get the net national product at market price.
Net national product at market price = Gross national product at market price - Depreciation.
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Answer: (a)
Net national product at market price is the market value of the output of final goods and services produced at the current price in one year of a country.
If we subtract the depreciation charges from the gross national product, we get the net national product at market price.
Net national product at market price = Gross national product at market price - Depreciation.
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