Televisions and automobiles, durable goods bought for final consumption, are called:
AIntermediate goods
BFirm inventories
CConsumer durables
DCapital machines
Answer & Solution
Correct answer: C. Consumer durables
1. They have a long life like machines.
2. They are consumer durables.
3. They need repair and replacement.
_Source: syllabus Introductory Macroeconomics, Chapter 2, National Income Accounting._
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