Real Sector
The Real sector encompasses activities related to the aggregate supply and aggregate demand in an economy.
Data on this sector cover gross domestic and national product, consumption, savings, and capital formation. Demographic features of the population and labour force characteristics are closely associated with both aggregate demand and supply. Further, developments in the above areas are reflected in the movements of wages and prices at different stages from production to consumption.
Accordingly, data covering all these areas are provided under this sector.
Nominal Sector or Monetary Sector
Secondary sector the economy relates to?
what are the function of the service sector of the economy
The relevance of the private sector in the economy is to supplement the government. The private sector helps grow the economy by creating job opportunities in a given economy.
the business activity of financial intermediaries contributes to profits the economy bags as well as businesses in all other business related markets. these activities helps the economy to grow
Nominal Sector or Monetary Sector
To facilitate production in the real economy
what are the function of the service sector of the economy
Secondary sector the economy relates to?
The relevance of the private sector in the economy is to supplement the government. The private sector helps grow the economy by creating job opportunities in a given economy.
The tertiary sector of the economy of the United States is the service sector. The jobs include the hospitality industry and all the related fields.
the business activity of financial intermediaries contributes to profits the economy bags as well as businesses in all other business related markets. these activities helps the economy to grow
Government
Services
the service sector also known as the tertiary sector of the economy
consumer sectors, government sector, investment sector, and foreign sector.
Corporate sector is the part of the economy that is made up of companies. It is a private sector.