Non-income expense items included in the Gross Domestic Product (GDP) calculation include

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Quizplus · Accepted Answer

Non-income expense items that are included in the GDP calculation are depreciation and indirect business taxes. Depreciation is the decrease in the value of equipment and buildings over time, while indirect business taxes include sales taxes, property taxes, and license fees that businesses pay to the government. Corporate profits and corporate profits tax are both income items and not included in the calculation of GDP.

Non-Income Expense Items Included in the Gross Domestic Product (GDP)