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Answer : 1 Net Domestic Product Explanation : Answer: A) Net Domestic Product Explanation: Gross Domestic Product : It is the total value of all final goods and services produced within the boundary of country during the given period of time. Gross National Product :It is the total value of the total output or production of final goods and services produced by the nationals of a country during a given period of time. Gross National Income : It is the total domestic and foreign output claimed by residents of a country, consisting of gross domestic product (GDP) plus factor incomes earned by foreign residents, minus income earned in the domestic economy by non-residents.Net National Product :The total value of goods produced and services provided in a country during one year, after depreciation of capital goods has been allowed for.

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