Question

what precaution should be taken while calculating value of good and service​

Answer 1

Answer:

Precaution to be taken while calculating value of goods and services is that only the final value should be added.

Explanation:

Final value of a product includes all the other intermediate costs used in its manufacturing.

Answer 2

Answer:

The precaution that has to be taken while counting goods and services is that only final value of the goods and services should be counted, as it includes the value of all the intermediate goods that has been used wile producing the final product.

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.

Explanation:

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