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Class 12 · Economics · Medium

Which option gives a correct pair of consumption goods?

Class 12 · Economics · Medium

Which option gives a correct pair of intermediate goods?

Class 12 · Economics · Medium

Which value is given importance in the final goods method?

Class 12 · Economics · Medium

Why are intermediate goods important in the value added method?

Class 12 · Economics · Medium

If the same finished good is bought by the final customer, what will it become?

Class 12 · Economics · Medium

Finished goods kept by a shopkeeper for sale will be what type?

Class 12 · Economics · Medium

Electricity used at home will be considered what type?

Class 12 · Economics · Medium

Electricity used for production in a factory will be considered what type?

Class 12 · Economics · Medium

In which option are both goods correctly classified?

Class 12 · Economics · Medium

Which option is a correct example of a final good?

Class 12 · Economics · Medium

What is the strongest clue to identify a capital good?

Class 12 · Economics · Medium

What is the strongest clue to identify an intermediate good?

Class 12 · Economics · Medium

If the same vegetables are bought by a family for cooking at home, how will they be counted?

Class 12 · Economics · Medium

If a restaurant buys vegetables to prepare meals, how will the vegetables be counted?

Class 12 · Economics · Medium

What is the correct distinction between raw material and capital good?

Class 12 · Economics · Medium

Why can capital goods be treated as final goods in national income calculation?

Class 12 · Economics · Medium

In which situation will milk be considered a final consumption good?

Class 12 · Economics · Easy

A machine used in production for more than one year is generally called what?

Class 12 · Economics · Medium

A car bought by a company for production-related work can be what type of good?

Class 12 · Economics · Easy

If a family buys a car for private use, in which category will it generally fall?