{"id":49681,"date":"2024-04-15T22:59:18","date_gmt":"2024-04-15T22:59:18","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=49681"},"modified":"2024-04-15T22:59:18","modified_gmt":"2024-04-15T22:59:18","slug":"machine-is-example-of","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/machine-is-example-of\/","title":{"rendered":"Machine is example of"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Consumer goods&#8221; option2=&#8221;Capital goods&#8221; option3=&#8221;Intermediary goods&#8221; option4=&#8221;None of these&#8221; correct=&#8221;option2&#8243;]<!--more--><\/p>\n<p>The correct answer is: <strong>B. Capital goods<\/strong><\/p>\n<p>Capital goods are goods that are used to produce other goods and services. They are not directly consumed by individuals, but are used to produce goods and services that are consumed by individuals. Examples of capital goods include machines, tools, and equipment.<\/p>\n<p>Consumer goods are goods that are used to satisfy the wants and needs of individuals. They are directly consumed by individuals and do not contribute to the production of other goods and services. Examples of consumer goods include food, clothing, and entertainment.<\/p>\n<p>Intermediary goods are goods that are used in the production of other goods and services. They are not directly consumed by individuals, but are used to produce goods and services that are consumed by individuals. Examples of intermediary goods include raw materials, components, and semi-finished goods.<\/p>\n<p>I hope this helps! Let me know if you have any other questions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Consumer goods&#8221; option2=&#8221;Capital goods&#8221; option3=&#8221;Intermediary goods&#8221; option4=&#8221;None of these&#8221; correct=&#8221;option2&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-49681","post","type-post","status-publish","format-standard","hentry","category-economics","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Machine is example of<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/machine-is-example-of\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Machine is example of\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;Consumer goods&#8221; 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