Answer to Question #124384 in Macroeconomics for Sidra

Question #124384
Why depiciation is added while
calculating GDP in income approach?
1
Expert's answer
2020-06-29T17:10:29-0400

Adding depreciation when using this method of computing the GDP makes the figures the formula generates more accurate in terms of the economy's size, growth and overall health, which in the end, is the point of calculating GDP in the first place.


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS