Question

How do we count the various goods and
services and know the total production in
each sector?
​

Answer 1

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.

It is better to understand that with an example, supposedly you have a raw material of wood worth 1000 INR and its polish of 500 INR, so a total of 1500 will be considered and they will not be calculated separately.