(thing) by CentrX Wed Oct 31 2001 at 21:37:58
In economics, the total value of a nation's annual output of goods and services (gross national product) minus the value of capital goods used up in the production of this output (depreciation). Thus, it is the amount of output a nation could consume without reducing the stock of economic capital and therewith the future production possibilities of the nation.

Compare: net domestic product

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