Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: National Income Accounting

Question:

Which of the following goods remain within in the production boundary?

Options:

Intermediate goods

Final goods

Consumer goods

Perishable goods

Correct Answer:

Intermediate goods

Explanation:

Intermediate goods remain within the production boundary. These goods are purchased by one production unit from another and then go through a process of production in which they lose their existence.