Answer:
Final Output Method- According to this method, value of only final goods should be added to determine the national income.
Value Added Method- According to this method, sum total of the value added by each producing unit should be taken in the national income
There are two alternative ways of avoiding double counting:
Final Output Method- According to this method, the value of only final goods should be added to determine the national income.
Value Added Method- According to this method, sum total of the value added by each producing unit should be taken in the national income.
Explanation:
sry I have only 2 methods
I hope it will help you
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Answers & Comments
Answer:
Final Output Method- According to this method, value of only final goods should be added to determine the national income.
Value Added Method- According to this method, sum total of the value added by each producing unit should be taken in the national income
Verified answer
Answer:
There are two alternative ways of avoiding double counting:
Final Output Method- According to this method, the value of only final goods should be added to determine the national income.
Value Added Method- According to this method, sum total of the value added by each producing unit should be taken in the national income.
Explanation:
sry I have only 2 methods
I hope it will help you
please mark me as brainliest