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प्रश्न
What do you understand by the term ‘double counting’?
टीपा लिहा
उत्तर
The value of final goods is included in the calculation of GDP, but not the value of Intermediate goods. This is because the value of the Intermediate goods is already included in the final good. So, if it is added again it will result in double counting.
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Gross Domestic Product (GDP)
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