Indirect business taxes and capital consumption allowance are not income, yet they are include in the calculation
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Indirect business taxes and capital consumption allowance are not income, yet they are include in the calculation of GDP as income received. Why do we add these two non-income components to the other components of income (like wages, rent interest, profit, and net factor income from abroad) to find GDP?
Related Book For
Fundamentals of Ethics for Scientists and Engineers
ISBN: 978-0195134889
1st Edition
Authors: Edmund G. Seebauer, Robert L. Barry
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