One way of solving the problem of double counti... - JAMB Economics 2007 Question
One way of solving the problem of double counting is by
A
Value-added method
B
Income method
C
Output method
D
Expenditure method
correct option: a
This problem is perfectly solved by value added method. According to this method, instead of taking value of final products, value added by each firm at each stage of production is included.
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