When Calculating Gross Domestic Product (GDP),double Counting Can Be Avoided

question 69

Multiple Choice

When calculating gross domestic product (GDP) ,double counting can be avoided by:

• A)taxing corporate income.
• B)adding all income taxes to GDP.
• C)calculating GDP using the income as well as the expenditure method.
• D)adding the value of exports to GDP and subtracting the value of imports.
• E)summing the value added at each stage of production.

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