To avoid multiple counting in national income accounts (Points : 4) only final goods and services…
The following solution is suggested to handle the subject “To avoid multiple counting in national income accounts (Points : 4) only final goods and services…“. Let’s keep an eye on the content below!
Question “To avoid multiple counting in national income accounts (Points : 4) only final goods and services…”
To avoid multiple counting in national income accounts (Points :
4)
only final goods and services should be counted.
intermediate goods and services should be counted.
both final and intermediate goods and services should be
counted.
primary, intermediate, and final goods and services should be
counted.
4)
only final goods and services should be counted.
intermediate goods and services should be counted.
both final and intermediate goods and services should be
counted.
primary, intermediate, and final goods and services should be
counted.
Answer
Answer 1
Only final goods and services are to be counted.
Answer 2
Only final goods and services are to be counted.
If you do more than that tipe of counting, it can be called double counting
Conclusion
Above is the solution for “To avoid multiple counting in national income accounts (Points : 4) only final goods and services…“. We hope that you find a good answer and gain the knowledge about this topic of business.