Question : Which of the following statements are true?

1. End use of the goods categorize as both final and intermediate goods.
2. Books purchased by book seller is a part of final good.
3. Addition to capital stock of an economy is termed as capital gain.
4. Goods purchased for satisfaction are final goods.

Option 1: 1&4

Option 2: 2&4

Option 3: 1&3

Option 4: 2&3

Question : Goods which are meant either for consumption or for investment are called

Option 1: final goods

Option 2: giffen goods

Option 3: inferior goods

Option 4: intermediate goods

Question : Buildings, machinery, tools, and equipment are a few examples of the capital goods that firms employ to produce their goods and services.

Option 1: Consumer goods

Option 2: Inferior goods

Option 3: Intermediate goods

Option 4: Capital goods

Question : The products that directly satisfy human demands are referred to as:

Option 1: Producer goods

Option 2: Intermediate goods

Option 3: Capital goods 

Option 4: Consumer goods

Question : Which amongst the following statments are true?

1. Intermediate goods have direct demand while final goods have derived demand.
2. National Income is always more than Domestic income.
3. Final goods includes only those goods which are consumed by the households or purchased by the producers for investment purposes.

Option 1: 1&2

Option 2: 2&3

Option 3: Only 3

Option 4: Only 2