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Class 12 · Economics

Vegetables bought by a restaurant for cooking meals will fall under which category?

Class 12 · Economics

Under which condition will a good be treated as a final good?

Class 12 · Economics

What is the most decisive basis for distinguishing a final good from an intermediate good?

Class 12 · Economics

What is the correct classification of a car bought by a taxi company to provide passenger services?

Class 12 · Economics

If a family buys a car for private use, under which category will it fall in national income accounting?

Class 12 · Economics

If coal bought by an electricity company is burnt up in producing electricity, what will it be called?

Class 12 · Economics

A machine bought by a factory for use in production over several years is what type of good?

Class 12 · Economics

If the same flour is bought by a household for making chapatis and by a bakery for making bread, what is the main difference in its classification?

Class 12 · Economics

A building constructed by a construction company for its own office use can be what type of good?

Class 12 · Economics

Cement bought by a construction company to build a building will be considered what type of good?

Class 12 · Economics

Why is distinction between final and intermediate goods necessary for correct national income measurement?

Class 12 · Economics

In which situation can a chair become a consumption good?

Class 12 · Economics

In which situation can a chair become an intermediate good?

Class 12 · Economics

In which situation can a chair become a capital good?

Class 12 · Economics

Which good can be called an intermediate input?

Class 12 · Economics

Which good can be called a final consumption good?

Class 12 · Economics

Which good can be called a final investment good?

Class 12 · Economics

Which example best shows use-based classification?

Class 12 · Economics

Which option gives the correct relation between final good and intermediate good?

Class 12 · Economics

Why is a capital good not treated as a good used up in production?