help me scam my students

[Max Sawicky]

Quite a few other things too.  Being 'gross',
GDP includes depreciation, indirect business
taxes, and income to business firms that is
not passed thru to owners as interest or
dividends.  None of this gets
into household income.

mbs

Uh, I misphrased that. Since a household usually consists of more 
than one capita, obviously HH incomes are going to be higher than per 
capita ones. What I should have said is that per capita incomes 
reported in household surveys come in below GDP divided by 
population. The reason is mostly the portion of GDP accounted for by 
business income/investment.

Doug