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Difficulty in accurately estimating depreciation

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Reference no: EM132406054

The "statistical discrepancy" that the NIPA includes in the data is to account for the following, except equalizing GDP totals produced by the expenditures approach and the income approach.errors due to people misrepresenting their incomes on their tax returns. Difficulty in accurately estimating depreciation. Household production, or "do-it-yourself" activities of households.

Reference no: EM132406054

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