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Class 12 · Economics

What is the benefit of counting final goods in national income?

Class 12 · Economics

Which two types can be included in final goods?

Class 12 · Economics

Sugar bought for making tea at home is what type of good?

Class 12 · Economics

Which of the following is an intermediate good as raw material?

Class 12 · Economics

How do capital goods help in production?

Class 12 · Economics

Intermediate goods are mainly used for what?

Class 12 · Economics

If a computer is bought by an office for producing services, what will it be?

Class 12 · Economics

If a student buys a computer for study at home, what will it generally be?

Class 12 · Economics

Biscuits bought by a customer for eating are what type of good?

Class 12 · Economics

Biscuits bought by a shopkeeper for resale are what type of good?

Class 12 · Economics

Why can the same good sometimes be final and sometimes intermediate?

Class 12 · Economics

A fan bought for use in a factory can be a capital good in which situation?

Class 12 · Economics

A fan bought for household use is what type of good?

Class 12 · Economics

Flour bought by a bakery to make bread is which type of good?

Class 12 · Economics

Grain kept by a farmer for family consumption can be considered what type of good?

Class 12 · Economics

Why is an intermediate good not separately added in national income?

Class 12 · Economics

Why is a final good counted in national income?

Class 12 · Economics

Which of the following is a capital good?

Class 12 · Economics

Which of the following is a consumption good?

Class 12 · Economics

What is meant by an intermediate good?