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Commerce · Q312

Economics

Graduate and Post Graduate · Commerce · question 312

Q312

Demand for intermediate consumption arises in

A.
Household sector only
B.
Government sector only
C.
Corporate sector only
D.
All producing sectors of the economy
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Demand for intermediate consumption arises in all producing sectors of the economy. Intermediate consumption is a national accounts concept which measures the value of the goods and services consumed as inputs by a process of production.