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Class 12 · Economics
→If the same farmer keeps wheat as seed for the next crop, what will that wheat be?
Class 12 · Economics
→If a farmer keeps wheat for his family's food, how will that wheat be treated?
Class 12 · Economics
→A new car bought by a taxi company to provide passenger services will fall in which category?
Class 12 · Economics
→Tyres bought by a car manufacturer and fitted into new cars belong to which category in national income?
Class 12 · Economics
→A refrigerator bought by a hotel for use in guest rooms will be classified as what?
Class 12 · Economics
→A refrigerator bought by a household for use at home is which type of good?
Class 12 · Economics
→Flour bought by a bakery is used the same day to make bread. Which category does this flour fall under?
Class 12 · Economics
→If a good directly satisfies the buyer's present want and does not enter any further production process, how is it treated in national income accounting?
Class 12 · Economics
→A hospital buys an X-ray machine that will be used to diagnose patients for many years. What type of good is it?
Class 12 · Economics
→Which decision rule will most safely classify a good correctly?
Class 12 · Economics
→A company buys prepared meals for employees in its canteen. For the company, how should this expenditure most appropriately be classified in national income accounting?
Class 12 · Economics
→In national income accounting, if a firm purchases a new machine to use in production for several years, how will the machine be classified?
Class 12 · Economics
→What is the purpose of deducting intermediate consumption in the value added method?
Class 12 · Economics
→If the value of a good is already included in a final good, what problem occurs if it is added separately?
Class 12 · Economics
→In which option are both goods intermediate goods?
Class 12 · Economics
→In which option are both goods final goods?
Class 12 · Economics
→A school kitchen bought rice to prepare mid-day meals. What is this rice?
Class 12 · Economics
→A school bought desks for students. What type of goods are these desks?
Class 12 · Economics
→A sewing machine bought by a tailor is what type of good?
Class 12 · Economics
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