Topics
- Definition
- Introduction
CISCE: Class 12
Definition: Net Domestic Product at Market Price
"Net Domestic Product at market price is the market value of final goods and services produced in the domestic territory of a country by its normal residents and non-residents during an accounting year." – Dernburg
CISCE: Class 12
Formula: Net Domestic Product at Market Price
NDPMP = GDPMP - Depreciation
