One way of solving the problem of double counting is by
One way of solving the problem of double counting is by
Value-added method
Income method
Output method
Expenditure method
Correct answer is A
This problem is perfectly solved by the value-added method. According to this method, rather than taking the value of final products, value-added by each firm at each stage of production is included.
Why would an individual increase his level of consumption during inflationary periods? ...
A disadvantage of the mean as measure of central tendency is that? ...
Effective demand for a commodity is desire for that commodity backed by______ ...
The following are the objectives of agricultural policies in Nigeria EXCEPT ...
A bank is said to be distressed when it ...
Economic activities are undertaken to solve the problem of ...
Which of these is NOT associated with the problem of internal trade? ...
The two largest producers of crude oil in Nigeria are ...
One of the fundamental differences between a capitalist and a socialist economy is that while ...