What are consumption goods?

Related MCQs

• Goods which are not used in the production of other goods are called:
• The slope of the consumption function is called
• Psychological law of consumption states that the value of MPC is lies between zero and
• Who propounded Psychological law of consumption
• In the linear consumption function C = a + b(Y), coefficient ‘a’ denotes
• Keynes assumed the presence of --------- economy for the fundamental law of consumption
• What are Capital goods?
• Intermediate goods are not included to calculate the final output because:
• Consider the following statements and identify the right ones. i. National income is the monetary value of all final goods and services produced. ii. Depreciation is deducted from gross value to get the net value
• Which of the following is not true about final goods?