The Calculation of GDP with Durable Capital Goods

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Recommended Reading:

  • Powerpoint presentation
  • Paul Samuelson, Economics (11th edition), Ch. 10 (National Income and Product)
  • Gardner Ackley, Macroeconomic Theory, Ch. 2 (National Income and National Product)
  • Keynes, General Theory, Ch.6
  • (Advanced) C.S. Shoup, Principles of National Income Analysis
  • (Advanced) H.C. Edey and A.T. Peacock, National Income and Social Accounting