Economics · National Income Accounting
In an economy, considering the value of intermediate goods separately while calculating national income will lead to ________. I. the error of double counting II. decreased calculated national income
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Neither I nor II
- 2Both I and II
- 3Only I✓
- 4Only II
Correct answer
Only I
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