Question
The double-counting problem refers to: a. the inclusion of both intermediate and final products in the calculation of GDP b. the nominally higher value for
The double-counting problem refers to:
a. the inclusion of both intermediate and final products in the calculation of GDP
b. the nominally higher value for GDP when prices double.
c. the problems caused by using value-added measures in the lower loop.
d. all the above.
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Econometric Analysis
Authors: William H. Greene
5th Edition
130661899, 978-0130661890
