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Double Counting in the Value Added Approach to GDP Refers

Question 88

Multiple Choice

Double counting in the value added approach to GDP refers to


A) corporate income being taxed twice
B) the amount of income taxes paid to states that is taxable by the federal government
C) calculating GDP twice using the income and expenditures methods
D) adding the value of exports to GDP and subtracting the value of imports
E) counting the total value of a final output in addition to the value of the inputs used to make it

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