Economics · National Income Accounting
What is meant by 'double counting' in national income estimation?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Counting the value of the same product more than once✓
- 2Counting two different products
- 3Counting only the final goods
- 4Counting intermediate goods only
Correct answer
Counting the value of the same product more than once
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