Ask a New Question

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!!!

Ask a New Question or answer this question.

Similar Questions

What does a relative price compare?(1 point) the price different sellers ask for the same good the price that buyers pay to the
1. 1 answer
What does a relative price compare?(1 point) the price different sellers ask for the same good the price that buyers pay to the
1. 1 answer
The current price for a good is $20, and 100 units are demanded at that price. The price elasticity of demand for the good
1. 0 answers
17. The current price for a good is $20, and 100 units are demanded at that price. The price elasticity of demand for the good
1. 4 answers

more similar questions