As a result of double counting, national income is: Options: A . &nbspOver-estimated B . &nbspUnderestimated C . &nbspCorrectly estimated D . &nbspNot estimated for the currency year

As a result of double counting, national income is:

Question

As a result of double counting, national income is:

Options:

A . Over-estimated

B . Underestimated

C . Correctly estimated

D . Not estimated for the currency year

Answer: Option A
:
A
National income is overestimated with the issue of double-counting.

Was this answer helpful ?

Next Question

Question 1. A car running between Delhi and Agra at a speed of 120 km/h includes: ....

Question 2. Second-hand cars are not accounted for in the GDP. State true or false.....

Question 3. Which of the following is true about GDP?....

Question 4. In the value added method, we subtract the intermediate consumption from total value to avoid the problem of:....

Question 5. Consumption of all goods and services in the economy during the period of an accounting year is known as :....

Question 6. Calculate the value added in the primary sector from the following data. Ignore units. Value of output in primary secto....by secondary sector100Value of raw materials purchased by tertiary sector50

Question 7. Differences between closing stock and opening stock during an accounting year are known as: ....

Question 8. Value-added method measures the contribution of which of the following within the domestic territory of a country?....

Question 9. The opposite to a stock variable is called:....

Question 10. Domestic product is equal to :....

Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

Pie Chart - Test Paper 1 Data Interpretation Reasoning & DI

Tabulation - Test Paper 2 Data Interpretation Reasoning & DI

Test Paper 1 Direction Sense Test Reasoning & DI

ICA , RDIC,GFM Free Modal Test Paper - Non - Technical Branch Old Syllabus 2022 - SAIL Junior Officer E0

GFM Combined 1 Free Revision Test SAIL JO E-0