Solved

Which of the Following Helps Economists Avoid Double Counting in Computing

Question 16

Multiple Choice

Which of the following helps economists avoid double counting in computing of GDP?


A) Including goods and services produced only within a given area.
B) Only include transfer payments made by the government and not individuals.
C) Only include capital purchases by corporations and not by family-owned firms.
D) Avoiding the use of intermediate goods in calculating GDP.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions