Goods which are not used in the production of other goods are called:

Related MCQs

• 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?
• The value of NNP at production point is called
• Which of the following is not true about final goods?
• Which of following is not an intermediate goods?
• Intermediate goods are not included to calculate the final output because:
• If quantity of money increases 100%, other things remaining constant, value of money changes by:
• What are consumption goods?
• What are Capital goods?
• 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
• in order to influence spending on goods and services in the short-run, monetary policy is directed at directly influencing...