13 Net National Product NNP Factors of production under go wear and tear. The same formula is used to estimate the Consumer Price Index CPI in an economy. Net national product NNP is the total value of finished goods and services produced by a countrys citizens overseas and domestically minus depreciation.
From the agricultural lands the value of the loss is estimated at PHP 594 billion which represents close to 1 percent of the Net National Product NNP in 1988 at 1985 constant prices and 427 percent of the PHP 139258 billion gross value added for agriculture in the same year.
In economics Gross Domestic Product GDP is used to calculate the total value of the goods and services produced within a countrys borders while Gross National Product GNP is used to calculate the total value of the goods and services produced by the residents of a country no matter their location. By contrast GNP is the value at. Calculate Net National Disposable income from the following data Items 1 GDP MP 2 Net current transfers to the rest of the world 3 NIT 4 Net Factor Income to abroad 5 National Debt interest 6 Consumption of fixed capital 7 Current transfers from the government NNDINNP MP Net Current Transfers from the ROW Rs in crores 2000 - 200. From the agricultural lands the value of the loss is estimated at PHP 594 billion which represents close to 1 percent of the Net National Product NNP in 1988 at 1985 constant prices and 427 percent of the PHP 139258 billion gross value added for agriculture in the same year.