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Question
Final goods refer to those goods which are used either for ______ or for ________.
Final goods refer to those goods which are used either for ______ or for ________.
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Solution
The correct option is A Consumption, investment
Final goods refer to those goods which are used either for consumption or for investment. Final goods have crossed the boundary of production and are ready for use by their final users. These goods are included in the estimation of national product or national income. Example: Bread and butter used by the consumers.
Final goods refer to those goods which are used either for consumption or for investment. Final goods have crossed the boundary of production and are ready for use by their final users. These goods are included in the estimation of national product or national income. Example: Bread and butter used by the consumers.
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