How Is Gdp Calculated Using The Income Approach

\n\n\n\n

\n

\n\n

\n \n \n Total income earned by all residents and firms\n

\n\n

\n \n \n Value of capital used up in production\n

\n\n

\n \n \n Taxes like sales tax, excise tax\n

\n\n

\n \n \n Government payments to producers\n

\n\n \n \n\n

\n\n

\n

\n

\n

\n

\n

\n

\n

\n

\n

\n

\n

\n

\n

\n

\n

\n

\n

\n

\n

\n

\n

\n

\n

\n

\n

Component	Value
National Income	$0
Consumption of Fixed Capital	$0
Indirect Taxes	$0
Subsidies	$0

\n\n

\n

\n\n\n\n\n\n\n\n\n\n\n\n