Final goods are those goods which are consumed only by the households. Defend or refute the given statement with a valid argument.
Final goods are those goods which are consumed only by the households. Defend or refute the given statement with a valid argument.
Anurag Pathak Changed status to publish December 4, 2023
The given statement is not correct and is thus refuted.
Final goods are those goods which are purchased/consumed either by households or by the producers for investment purpose, i.e., these are the goods which have crossed the production boundary.
Anurag Pathak Changed status to publish December 4, 2023