Practice free →
Home › Bihar Board Class 12 (Arts) › Economics › Determination of Income and Employment › Why are machines produced in a year counted as f…

Why are machines produced in a year counted as final goods?

AThey are not used up in production
BThey are sold only to the state
CThey are always imported goods
DThey are exempt from all tax
Answer & Solution
Correct answer: A. They are not used up in production
Machines yield services over many years instead of being used up in producing other goods, unlike raw materials.
Solve this in the app — Bihar Board Class 12 (Arts) practice & 24k+ MCQs →
Related questions