Q 27 When we are calculating the value of
goods, we have to follow certain
precautions-
1)We should calculate the value of
intermediate goods.
2)We should calculate the value of final
goods and intermediate goods.
3)We should calculate only the value of final
goods
4)All of the above
Answers
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While we are calculating the value of goods we shall calculate only the value of final goods as final goods are only counted in GDP.
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