Question

Assertion (a): not every good or service that is produced and sold needs to be counted to know the total production in each sector. Reason (r): the value of final goods already includes the value of all the intermediate goods. Options:
a. Both a and r are true and r is the correct explanation of
a.
b. Both a and r are true but r is not the correct explanation of
a.
c. A is correct but r is wrong.
d. A is wrong but r is correct.

Answer 1

Answer:

(a) both a and r true and r is correct explanation of a

Answer 2

Answer:

Both Assertion and Reason is correct and reason is the correct explanation of Assertion.

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