Tools, implements and machines used in production are called:

Question

Accepted Answer

B. Capital goods

1. They are not transformed in production.
2. They are capital goods.
3. They suffer wear and tear over time.
_Source: syllabus Introductory Macroeconomics, Chapter 2, National Income Accounting._

Answer

Inventory goods

Answer

Consumer goods

Answer

Intermediate goods

Tools, implements and machines used in production are called:

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