Question

briefly explain how do we count the various good and service and know the total production in each sector​

Answer 1

Answer:

Explanation:

The total production in each sector is calculated based on value of the final goods and services. The price value of only final goods is taken into accounts as it even involves the intermediate goods

Answer 2

Answer:


Answer Expert Verified
The total production in each sector is calculated based on value of the final goods and services. The price value of only final goods is taken into accounts as it even involves the intermediate goods.

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