Actually, wait. Wouldn’t that mean that the earned income from labor that doesn’t contribute to GDP should be excluded (perhaps not in its entirety, because that labor indirectly contributes)? Which means that the difference between GDP and the compensation to labor to create it is larger?
Thank you, that is a totally fair criticism.
Actually, wait. Wouldn’t that mean that the earned income from labor that doesn’t contribute to GDP should be excluded (perhaps not in its entirety, because that labor indirectly contributes)? Which means that the difference between GDP and the compensation to labor to create it is larger?