Question

Explain the problem of
Double counting and ways
to avoid the problem of double counting.
​

Answer 1

Answer:

Thus, to avoid double counting, the value added method, also known as industry of origin method, is used in computation of national income. It is worth mentioning that total value added is equal to value of final product.

hope it helps you

Answer 2

Answer:

Thus, to avoid double counting, the value added method, also known as industry of origin method, is used in computation of national income. It is worth mentioning that total value added is equal to value of final product.