The quot Gross quot concept of income accounting can be changed to quot Net quot concept by nb...........

Economic Affairs Growth and Indicators

The "Gross" concept of income accounting can be changed to "Net" concept by:

Adjusting for inflation

Adjusting for Exchange rate fluctuations

Adjusting for Bad debts of banks and other financial institutions

Adjusting for Depreciation

The "Gross" concept of income accounting can be changed to "Net" concept by adjusting for Depreciation.

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