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All of the following statements about double counting are true, except: Group of answer choices Double counting is always present in the prices of final
All of the following statements about double counting are true, except: Group of answer choices Double counting is always present in the prices of final products at the end of the production chain. If not avoided, double counting would overstate the size of the economy considerably. Double counting occurs when output is counted more than once as it travels through various stages of production. To avoid double counting, statisticians exclude intermediate goodsgoods that go into producing other goodsfrom GDP calculations
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