The goods and services sector focuses largely on the level of ______.

The goods and services sector primarily focuses on the level of output, which encompasses the total production of goods and services in an economy. Output is a crucial indicator of economic activity, as it reflects the economy's overall health and productivity. Measuring output helps economists and policymakers assess how well resources are being utilized and whether the economy is growing or contracting.

In macroeconomics, the output refers to the quantity of goods and services produced within a specific time period, often measured in terms of Gross Domestic Product (GDP). High levels of output typically indicate a robust economy, while low levels can point to recessionary trends.

While income is an important aspect of economic wellbeing, it is more a result of the output rather than a direct focus of the goods and services sector. Therefore, understanding output provides a clearer insight into the macroeconomic dynamics at play within the economy.