Double counting can be avoided by:
A) deducting a double-counting factor from the GNP estimates.
B) adding the value of only the intermediate (non-?nal) goods and services produced.
C) adding the incremental value added at each stage of production.
D) including the value of all output produced in the economy.

Question

Quizplus · Accepted Answer

Double counting is avoided by adding the incremental value added at each stage of production, ensuring that only the net contribution of each stage is included in the total output calculation.

Double Counting Can Be Avoided By