in income approach since every source of income is calculated tax is income of government (tax revenue) and depreciation is added because capital depreciates or wears-off or breaks etc. within a given period, so depreciation is also added (since depreciation is a negative value already, it is just added) to determine the GDP of a country in a given period
Amazing explanation 👍👍
verry good explained thank you
Loved this video it really helped in my macro class. Thank you!
Wow, this was an incredible explanation
Why do some formulas online add a depreciation amount and tax?
in income approach since every source of income is calculated tax is income of government (tax revenue) and depreciation is added because capital depreciates or wears-off or breaks etc. within a given period, so depreciation is also added (since depreciation is a negative value already, it is just added) to determine the GDP of a country in a given period