Practice free →
Home › CBSE Class 12 (Arts) › Economics › National Income Accounting › Counting wheat once as farm output and again ins…

Counting wheat once as farm output and again inside bread is what kind of error?

ADouble counting
BNet investment
CStock building
DDepreciation
Answer & Solution
Correct answer: A. Double counting
The wheat would enter the total twice, once in each producer's output, which is double counting.
Solve this in the app — CBSE Class 12 (Arts) practice & 24k+ MCQs →
Related questions