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Class 12 · Economics · Medium

Gas bought by a household for domestic cooking will be what?

Class 12 · Economics · Medium

Gas bought by a restaurant for cooking food will fall under which category?

Class 12 · Economics · Medium

A household buying housing service by living in a rented house is what type of final use?

Class 12 · Economics · Medium

A new house bought by a household for living is treated as what type of final good in national income?

Class 12 · Economics · Medium

Cement bought by a construction company to build a building will be what?

Class 12 · Economics · Medium

Which option shows that the category of a good changes with its use?

Class 12 · Economics · Medium

Which statement most clearly shows the problem of double counting?

Class 12 · Economics · Medium

If a company buys mobile phones for long-term office use by employees, what will they be?

Class 12 · Economics · Medium

In which situation can a mobile phone be treated as an intermediate good?

Class 12 · Economics · Medium

Which of the following is not a consumption good?

Class 12 · Economics · Medium

When are capital goods included among final goods?

Class 12 · Economics · Medium

Medicine bought by an individual from a medical store for personal use will be what?

Class 12 · Economics · Medium

Medicine used by a hospital in treating a patient will be treated as what for the hospital?

Class 12 · Economics · Medium

An X-ray machine bought by a hospital to serve patients will be what?

Class 12 · Economics · Medium

In which statement is the classification of the good incorrect?

Class 12 · Economics · Medium

Books bought by a coaching institute for teaching are most appropriately classified as what?

Class 12 · Economics · Medium

A book bought by a student for reading will fall under which category?

Class 12 · Economics · Medium

Paper bought by a publisher to print books will fall under which category?

Class 12 · Economics · Medium

The main difference between final goods and intermediate goods is based on what?

Class 12 · Economics · Medium

If the value of a good is already included in the value of a final good, what is that good generally?