Aggregate net value of the output in 1 year is the–
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Aggregate net value of the output in 1 year is the–

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Net National Product at market price is the market value of the output of final goods and services produced at current price in 1 year of a country.

If we subtract the depreciation charges from the Gross National Product, we get Net National Product at Market Price. NNPmp = GNPmp - Depreciation.

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