Following is an example of final good:

Related MCQs

• Which of following is not a final good?
• 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?
• Intermediate goods are not included to calculate the final output because:
• Which of following is not a capital good?
• Which is the characteristic of a good money:
• This is a characteristic of good money:
• This is a characteristic of good money:
• Consider the following statements: 1. In a Capitalist economy there is private ownership of means of production 2. In a communist nation, the means of production are owned by the State 3. In a free-market economy there is minimum role of the Government Which of the above 3 statement is/are true?
• Consider the following statements and identify the right ones. i. While calculating GNP, income generated by foreigners in a country is taken into consideration ii. While calculating GNP, income generated by nationals of a country outside the country is taken into account