Very Short Answer Questions · Q4
Q.In a certain year, the primary sector contributed 17 per cent and the secondary sector contributed 26 per cent to a country's Gross Value Added. Calculate the share of the tertiary sector in that year.
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Start your 14-day free trial to unlock the full solution →The three sectors of an economy — primary, secondary and tertiary — together account for the entire Gross Value Added, so their shares must sum to 100 per cent.
Given: Primary sector share = 17%, Secondary sector share = 26%.
Tertiary sector share = 100% − (Primary share + Secondary share)
= 100% − (17% + 26%)
= 100% − 43%
= 57% …
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