Question 19
MediumOriginal questionMatch each good with how it is classed in national income.
| List I | List II |
|---|---|
| A. Sugar bought by a household | I. Final: fixed investment |
| B. Sugar bought by a sweet shop | II. Final: consumption |
| C. An oven bought by a sweet shop | III. Final: inventory investment |
| D. A dealer's unsold refrigerators at the end of the year | IV. Intermediate |
Show the answer and explanation
CorrectNot quiteAnswer B
Correct answer: B
Explanation
Household sugar is consumed; the shop's sugar is used up making sweets.
The oven lasts for years (fixed investment); unsold stock is an addition to inventory.
- Concept
- Classifying goods
- Typical timeTypical
- 90 s
- Your timeYours
- —
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