Economics · National Income Accounting
In the product method (value-added method) for the measurement of national income, we need to deduct the value of intermediate goods to _________.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1estimate aggregate value of expenditure
- 2avoid double counting✓
- 3avoid over consumption
- 4analyse factors of production
Correct answer
avoid double counting
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