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What is a real sector in an economy?

Updated: 4/28/2022
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14y ago

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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.

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