How to Measure GDP: The Income Approach
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- Опубликовано: 10 сен 2024
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How to Measure GDP: The Income Approach
In this video, we will show you how to measure GDP under the income approach.
There are three main components of the formula you should use. These are national income, capital consumption allowance, and statistical discrepancy. At first, the terms might sound a bit vague or difficult to understand. However, we will break them down into their composite elements and shed light on each of them.
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Thank you ma'am.🙏
Is depreciation added or subtracted from calculating income method GDP?
Added
If you have to calculate GDP from NDP, then you have to subtract Depreciation .
@@JaiSiyaRamjii it's precisely opposite, you have to add depriciation!!
Me when I lie @@JaiSiyaRamjii
Why un distributed profits are substracted from personal income?