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net domestic product

noun

  1. NDP.economics the gross domestic product minus an allowance for the depreciation of capital goods

“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Example Sentences

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We must retool our measures of income and wealth accordingly, starting with net domestic product.

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