All of the following,except one,is included in gross domestic income at market prices.Which of the following is the exception?

Question

Quizplus · Accepted Answer

Depreciation is not included in gross domestic income at market prices because it is a non-cash expense and does not represent a transaction in the current period. It reflects the decline in the value of capital assets over time due to wear and tear, obsolescence, or other factors. The other options, such as compensation of employees, gross operating surplus, and indirect taxes (net of) subsidies, represent payments or receipts for goods and services produced during the current period and are therefore included in GDP.

All of the Following,except One,is Included in Gross Domestic Income