The correct answer for this question is option 1: Gross National Income (GNI).

GNI is a measure that calculates the total value of all final goods and services produced by the normal residents of a country, regardless of their location (within the domestic territory or outside) in a specific time period, usually a year.

To understand this concept further, let`s break down the other options:

Option 2: Net National Income (NNI) is the GNI minus depreciation. It takes into account the wear and tear of capital goods during production.

Option 3: Gross Domestic Product (GDP) is the total value of all final goods and services produced within the domestic territory of a country in a specific time period. GDP does not include production by a country`s residents outside its territory.

Option 4: Net Domestic Product (NDP) is the GDP minus depreciation. It considers the depreciation of capital goods within a country.

Therefore, neither option 2, 3, nor 4 accurately defines the value of all final goods and services produced by the normal residents of a country, including production within the domestic territory and outside, which is represented by GNI.