Asked by Connor
Is GDP calculated by the price of the good with the indirect tax or the price of the good before the indirect tax?
For example, if an economy only produces a single $10 good and it is taxed 10%, is GDP $10 or 11$?
Thanks!!!
For example, if an economy only produces a single $10 good and it is taxed 10%, is GDP $10 or 11$?
Thanks!!!
Answers
There are no AI answers yet. The ability to request AI answers is coming soon!
There are no human answers yet. A form for humans to post answers is coming very soon!