Double Counting in the Value Added Approach to GDP Refers

question 88

Multiple Choice

Double counting in the value added approach to GDP refers to

• A)corporate income being taxed twice
• B)the amount of income taxes paid to states that is taxable by the federal government
• C)calculating GDP twice using the income and expenditures methods
• D)adding the value of exports to GDP and subtracting the value of imports
• E)counting the total value of a final output in addition to the value of the inputs used to make it

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Definitions:

Fused Sentence

A sentence in which two independent clauses are incorrectly joined without an appropriate conjunction or punctuation.

Run-on Sentence

A grammatical error consisting of two or more independent clauses joined without appropriate punctuation or conjunction.

Comma Splice

The grammatical error of joining two independent clauses with a comma without an appropriate conjunction or punctuation mark.

Comma Splice

A grammatical mistake where two independent clauses are joined incorrectly with only a comma without an appropriate conjunction.