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19 September, 21:40

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. 19 September, 21:48
    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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