WAEC Economics 2016 Objective — Question 32

32. In national income accounting, double counting occurs when (a) intermediate goods are counted twice (b) intermediate goods are counted with the final goods (c) final goods are counted more than once (d) different people count the products

• A. intermediate goods are counted twice
• B. intermediate goods are counted with the final goodsCorrect
• C. final goods are counted more than once
• D. different people count the products