net national product

noun

: the net value of the goods and services produced in a nation during a specific period (as a year) computed by subtracting from the gross national product charges for depreciation of capital assets compare national income

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Dictionary Entries Near net national product

Cite this Entry

“Net national product.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/net%20national%20product. Accessed 23 Nov. 2024.

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