How do we count the various goods and services and know the total population in each sector?
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Not every good that is produced and sold needs to be counted . It makes sense only to include the final goods and services. Intermediate goods are used up in producing final goods and services . The value of final goods already includes the value of all the intermediate goods that are used in making the final good .The value of final goods and services produced in each sector during a particular yr provides the total production of the sector for that yr . The sum of production in 3 sector is called GDP of a country
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