Economy, asked by Ritesshh4509, 10 months ago

What are the problems with the double calculation of national income.

Answers

Answered by tantharun
0

Answer:

Double counting in accounting is an error whereby a transaction is counted more than once.

For example, the costs of intermediate goods used by a business to produce a finished good are included in the computation of a nation's gross domestic (NGD) product.

EVEN THE COST OF MANUFACTURING FOR A PRODUCTS INSIDE A COUNTRY IS INCLUDEDED IN THE COMPUTATION OF NATION'S GROSS ACCOUNTING PRODUCT.

MARK ME AS THE BRAINLIEST.

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