Economics · Economics
What is the meaning of double counting in economics?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Counting the value of the same commodity more than once.✓
- 2Counting two different commodities.
- 3Calculating national income.
- 4Counting only finished goods.
Correct answer
Counting the value of the same commodity more than once.
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