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What is meant by problem of double counting? How this problem can be avoided

Posted by Akash Kumar 10 months, 2 weeks ago

CBSE > Class 12 > Economics

1 answers

Arshpreet Singh 10 months, 2 weeks ago

It means measuring one income two times. It can be solved by not including transfer incomes in calculating national income because. Transfer income is already someone else's income

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CBSE > Class 12 > Economics