a
measure output at factor cost
b
avoid multiple counting of output
c
deduct depreciation of capital assets
d
add net factor income from abroad
Explanation
Correct Option
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SirClassic
3 years ago
Qstn: The value added method used in measuring national income is to...
Discussion: Value Added Method is also called "Output Approach". This approach gives the"GDP at market prices" and it is used to avoid double or multiple counting.
Thus, option A nor D is correct
The correct option is B:
A. measure output at factor cost
B. avoid multiple counting of output
C. deduct depreciation of capital assets
D. add net factor income from abroad
Fiday 19-05-2023; @03:45pm
