(R). Read the statements and chose the correct option:
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.
Answers
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d. A is wrong but R is correct
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