Question on: SS2 Economics - Ways of Measuring National Income And Their Limitations
What is the limitation of the output method of measuring national income?
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A
It can underestimate the value of goods and services that are not sold in the market.
B
It can underestimate national income if there is a large informal sector.
C
It can be affected by changes in the price level.
D
None of the above
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Correct Option: A
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