One way of solving the problem of double counting is by

Economics

JAMB 2007

A. Value-added method
B. Income method
C. Output method
D. Expenditure method

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Correct Answer: Option A

Explanation

This problem is perfectly solved by the value-added method. According to this method, rather than taking the value of final products, value-added by each firm at each stage of production is included.

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One way of solving the problem of double counting is by

Correct Answer: Option A

Explanation

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