Question

 

With an example, explain the concept of double counting.

02 Mar 2026
Answer :
Word Count : 304
Double counting is a problem in national income accounting that arises when the value of the same good or service is counted more than once while estimating the total output of an economy. This leads to an overestimation of national income and gives a misleading picture of economic performance. To _______ ________ ___ __________ __________ ___ ______ ________.
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