National income accountants can avoid multiple counting by:

CA Foundation · Business Economics · MTP · January 2025
National income accountants can avoid multiple counting by:
(A) A. Counting both intermediate and final goods.
(B) B. Only counting final goods.
(C) C. Only counting intermediate goods.
(D) D. Including transfers in their calculations.

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Only counting final goods.

Topics: Determination of National Income

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