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Class 12 · Economics

A car bought for use in a taxi service will be considered what type of good?

Class 12 · Economics

A car bought by a family for use will come under which category?

Class 12 · Economics

A tractor used in production for many years is what type of good?

Class 12 · Economics

Seeds bought by a farmer for use in farming are what?

Class 12 · Economics

Why are intermediate goods not separately added in national income?

Class 12 · Economics

Which goods are generally included in final goods?

Class 12 · Economics

Milk bought by a sweet shop to make sweets will be called what?

Class 12 · Economics

If milk is bought by a family for drinking what is it?

Class 12 · Economics

How is a consumption good identified?

Class 12 · Economics

Which of the following is an example of a capital good?

Class 12 · Economics

To avoid double counting in national income what is not directly added?

Class 12 · Economics

A machine bought by a factory for production is what type of good?

Class 12 · Economics

Flour bought by a bakery to make bread is what?

Class 12 · Economics

Bread bought for household use is what type of good?

Class 12 · Economics

What is an intermediate good?

Class 12 · Economics

What is the correct meaning of a final good?

Class 12 · Economics

Capital goods are mainly used in what?

Class 12 · Economics

What is the main use of consumption goods?

Class 12 · Economics

How does the study of national income and related aggregates help in model building in macroeconomics?

Class 12 · Economics

Why is time lag important while evaluating policy effects in macroeconomics?