precautions with intermediate goods
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Answer: While calculating the value of the goods produced we should only count the value of the final goods produced. We should not count or add the value of the intermediate goods because the value of the final goods already includes the value of the intermediate goods which are used in making the final goods.
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While calculating the value of the goods produced we should only count the value of the final goods produced. We should not count or add the value of the intermediate goods because the value of the final goods already includes the value of the intermediate goods which are used in making the final goods.
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