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RELATED QUESTIONS

Double Counting

Class 12 Economics के इस tag से जुड़े questions। हर question के साथ chapter, topic, level और difficulty दी गई है।

EconomicsWhich good can be final or intermediate depending on its use?Class 12National Income and Related AggregatesConsumption goods, capital goods, final goods, intermediate goodsLevel 30Easy EconomicsWhich transaction can be included in GDP without causing double counting?Class 12National Income and Related AggregatesConsumption goods, capital goods, final goods, intermediate goodsLevel 30Medium EconomicsIf a good is used by a producer for further production, how is it classified in GDP accounting?Class 12National Income and Related AggregatesConsumption goods, capital goods, final goods, intermediate goodsLevel 30Easy EconomicsIf the full value of the same wood is added as wood and again as furniture, what error occurs?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodLevel 30Easy EconomicsIf final goods produced within domestic territory are valued at 1,600 and intermediate goods at 900, which value is used for GDP?Class 12National Income and Related AggregatesConsumption goods, capital goods, final goods, intermediate goodsLevel 30Medium EconomicsIn GDP, what will raw cotton bought by a firm to make cloth be?Class 12National Income and Related AggregatesConsumption goods, capital goods, final goods, intermediate goodsLevel 30Easy EconomicsTo avoid double counting in GDP, what does the value-added method add?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodLevel 30Medium EconomicsWhich option most clearly illustrates the problem of double counting in GDP?Class 12National Income and Related AggregatesConsumption goods, capital goods, final goods, intermediate goodsLevel 29Medium EconomicsIf flour is used by a bakery to produce bread, how is the flour treated in national income accounting?Class 12National Income and Related AggregatesConsumption goods, capital goods, final goods, intermediate goodsLevel 29Easy EconomicsIn an economy, the value of output is ₹800 crore and intermediate consumption is ₹520 crore. What will be the value added?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodLevel 29Easy EconomicsWhat care should be taken while adding gross value added in the production method of GDP?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodLevel 29Medium EconomicsIf a person sells an old mobile phone to another person, why does the main sale amount not enter current GDP?Class 12National Income and Related AggregatesAggregates related to national income - GDPLevel 29Easy EconomicsIf a car manufacturer buys tyres to produce a car, why is the full value of the tyres not added separately to GDP?Class 12National Income and Related AggregatesConsumption goods, capital goods, final goods, intermediate goodsLevel 29Easy EconomicsWhat is the main purpose of including only final goods and services in GDP?Class 12National Income and Related AggregatesConsumption goods, capital goods, final goods, intermediate goodsLevel 29Easy EconomicsIncluding which activity in GDP can wrongly inflate the estimate of production?Class 12National Income and Related AggregatesConsumption goods, capital goods, final goods, intermediate goodsLevel 28Medium EconomicsWhat is the most accurate way to avoid double counting in the production method?Class 12National Income and Related AggregatesMethods of calculating national income - Value Added/Product MethodLevel 28Medium EconomicsIn a country, the market value of final goods is 900 crore and intermediate goods are worth 400 crore. On what basis should GDP be correctly calculated?Class 12National Income and Related AggregatesConsumption goods, capital goods, final goods, intermediate goodsLevel 28Medium EconomicsIf a good is used as a raw material for further production, how is it classified in GDP accounting?Class 12National Income and Related AggregatesConsumption goods, capital goods, final goods, intermediate goodsLevel 28Easy EconomicsOn what basis is a final good identified in GDP?Class 12National Income and Related AggregatesConsumption goods, capital goods, final goods, intermediate goodsLevel 28Medium EconomicsWhat problem occurs if intermediate goods are directly added in GDP calculation?Class 12National Income and Related AggregatesConsumption goods, capital goods, final goods, intermediate goodsLevel 28Easy