-Use the information in the table above plus the fact that indirect taxes less subsidies are $10 billion and depreciation is $30 billion to calculate the value of GDP.

Question

Quizplus · Accepted Answer

GDP can be calculated by adding indirect taxes less subsidies and depreciation to the given value in the table, which is $140 billion. Therefore, GDP = $140 billion + $10 billion (indirect taxes less subsidies) + $30 billion (depreciation) = $180 billion.

-Use the Information in the Table Above Plus the Fact