[Solved] What are Capital goods?

McqMate

Q.	What are Capital goods?
A.	goods used for consumption in the production process
B.	goods such as tools, machinery, etc which are used to create final consumer goods
C.	goods and services that are consumed fully when purchased by the consumers
D.	none of the above
Answer» B. goods such as tools, machinery, etc which are used to create final consumer goods

1.2k

0

Do you find this helpful?

13

View all MCQs in

Business Economics

Discussion

No comments yet

Related MCQs

Goods which are not used in the production of other goods are called:
If Commodity Y requres 2 units of capital and 2 units of labor and commodity X requires 1 unit of capital and 4 units of labor then Y is
What are consumption 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
Which of the following is not true about final goods ?
Which of following is not an intermediate goods?
The variable that connect the market of money and the market of goods via investment spending is:
The rate at which goods are exchangeed between two countries is called
Imposing of tariff, raises domestic prices causing fall in consumption of domestic goods is _ .
In the _ account, only transactions relating to goods are entered.