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When Calculating Gross Domestic Product (GDP),double Counting Can Be Avoided

Question 69

Multiple Choice

When calculating gross domestic product (GDP) ,double counting can be avoided by:


A) taxing corporate income.
B) adding all income taxes to GDP.
C) calculating GDP using the income as well as the expenditure method.
D) adding the value of exports to GDP and subtracting the value of imports.
E) summing the value added at each stage of production.

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