Purchase of machinery by a producer is an intermediate good. (True or False with Reasons).

684 viewsDecember 5, 2023National Income and related aggregates

Anurag Pathak27.13K December 5, 2023 0 Comments

Anurag Pathak Changed status to publish December 5, 2023

Add a Comment

1 Answer

Anurag Pathak27.13K Posted December 5, 2023 0 Comments

False,

It is a final good as it is purchased for investment purposes.

Anurag Pathak Changed status to publish December 5, 2023

Add a Comment

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 7711

Telegram Channel

Telegram Channel

1 Answer

1 Answer

Anurag Pathak

Related Questions