write a short note on problem of double counting
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Explanation:
Double counting means counting of the value of the same product (or expenditure) more than once.
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Double counting in accounting is an error whereby a transaction is counted more than once, for whatever reason. But in social accounting it also refers to a conceptual problem in social accounting practice, when the attempt is made to estimate the new value added by Gross Output, or the value of total investments.
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