What precautions should be taken while estimating total production?

Plss answer this...

While estimating the total production, only final value of the good and service should be taken into account in order to avoid double counting. Expenditure on the second hand goods, shares and bonds, transfer payments, self use of own produced goods etc. should not be included.

  • 6
the goods being estiated should be final goods to prevent double alculation
  • -1
sorry it was calculation
 
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