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What must be done to net domestic product at factor cost in order to transf

What must be done to net domestic product at factor cost in order to transform it to gross domestic product 



1) What must be done to net domestic product at factor cost in order to transform it to gross domestic product ? Explain why these adjustments are necessary.
2) Several adjustments must be made to net domestic product at factor cost in order to calculate
GDP. One of these adjustments is adding depreciation. What is depreciation and why must it be
added?



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26 May 2016

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  1. Genius

    What must be done to net domestic product at factor cost in order to transform it to gross domestic product

    What must be done to net domestic product at factor cost in order to transform it to gross domestic ****** ******
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