is calculated by taking and then subtracting the value of how much physical capital is worn out, or reduced in value because of aging, over the course of a year.]

NNP; GNP

Explanation:

NNP; Net national product

GNP; Gross national product

The net national product is the conclusive market of all goods and services produced by a country over a period of time minus how depreciation or by taking the GNP and subtracting the physical capital weariness or reduction in value.

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