INDICATORS OF GROWTH AND DEVELOPMENT — Economics STD 12 Commerce — Question
Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsINDICATORS OF GROWTH AND DEVELOPMENT2 Marks
Question
State the problems experienced in calculating true national income
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Answer
Problems of double counting, products produced for self-consumption, difficulties in calculating depreciation, illegal income, tax avoidance, tax evasion, barter transactions, illiteracy, employment of occupation, etc. are few of the problems experienced
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