Question

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

Answer 1

Ans. We calculate GDP to count value of goods and services. It is the market value of final goods and services produced in a country in a year.

(i) The final value of goods and services produced in

a sector is calculated.

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Answer 2

Answer:

We calculate GDP to count value of goods and services. It is the market value of final goods and services produced in a country in a year. (i) The final value of goods and services produced in a sector is calculated.

Explanation:

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