Economics · National Income
In economics, the term 'Capital Goods' refers to goods that ________.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Are purchased only for personal consumption and household use
- 2Directly go into the immediate satisfaction of human wants
- 3Help in the further production of other goods and services✓
- 4Serve exclusively as a source of raising financial capital
Correct answer
Help in the further production of other goods and services
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