What are Capital goods?
A. Goods used for consumption in the production process
B. Goods such as tools, machinery, etc which are used to create final consumer goods
C. Goods and services that are consumed fully when purchased by the consumers
D. None of the above
Answer:B
What are Capital goods?
A. Goods used for consumption in the production process B. Goods such as tools, machinery, etc which are used to create final consumer goods C. Goods and services that are consumed fully when purchased by the consumers D. None of the above