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During GDP counting, there were notes on wear and tear which caused an argument about the treatment of those wear and tear between the accountants
During GDP counting, there were notes on wear and tear which caused an argument about the treatment of those wear and tear between the accountants and the economics. As a student of economics, what should be done to the wear and tear when calculating GDP?
a)added to the GDP
b)subtracted from the GDP
c)should be left alone to be treated in forms' financial statements
d)left alone since they do not affect GDP
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