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8 September, 10:27

RealGDP is nominal GDP

a. plus depreciation

b. adjusted for changes in the price level

c. minusdepreciation

d. minustaxes

e. minus output

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  1. 8 September, 11:42
    0
    How do you calculate depreciation in GDP?

    Net domestic product (NDP) = GDP - Depreciation = Employee compensation + Taxes less subsidies on businesses + Net operating surplus on businesses.
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