This is true. In measuring GDP, the income approach is more accurate than the expenditure approach.
What is the income approach of GDP measurement?
According to the income approach, which is used to calculate GDP, all economic expenditures must equal the entire revenue produced by the creation of all economic goods and services.
The gross operating surplus (GOS) and mixed income are added together as part of the income approach to calculating gross domestic product (GDP), along with employee remuneration, production taxes and import subsidies subtracted from those amounts.
The income approach is a method for valuing real estate that calculates fair value using the revenue the property generates. It is computed by dividing the capitalization rate by net operating income.
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