Question 18
MediumOriginal questionRead the two statements and choose the correct option.
I. All capital goods are final goods.
II. All final goods are capital goods.
Show the answer and explanation
CorrectNot quiteAnswer A
Correct answer: A
Explanation
A capital good bought for investment has reached its final user, so it is final.
But final goods also include consumption goods such as food and clothes, so II is false.
- Concept
- Capital and final goods
- Typical timeTypical
- 70 s
- Your timeYours
- —
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