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How value added method solve the problem of double counting?

+3 votes

asked Mar 10, 2019 in Class 12 by kratos

How value added method solve the problem of double counting?

measurement of national income
class-12
national income and its related aggregates
cbse

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1 Answer

+4 votes

answered Jul 27, 2020 by kratos

Best answer

By deducting intermediate consumption from value of output, the problem of double counting can be solved.

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