[amp_mcq option1=”Consumer goods” option2=”Capital goods” option3=”Agricultural goods” option4=”Public goods” correct=”option2″]<\/p>\n
The correct answer is: B. Capital goods<\/strong><\/p>\n Capital goods are goods that are used to produce other goods and services. They are also known as investment goods. Examples of capital goods include machines, tools, and buildings.<\/p>\n The production of capital goods leads to higher production in the future because it increases the amount of productive resources available. This can lead to increased output of consumer goods, agricultural goods, and other goods and services.<\/p>\n Consumer goods are goods that are used to satisfy human wants directly. Examples of consumer goods include food, clothing, and entertainment.<\/p>\n Agricultural goods are goods that are produced by agriculture. Examples of agricultural goods include crops, livestock, and dairy products.<\/p>\n Public goods are goods that are non-rival and non-excludable. This means that one person’s consumption of a public good does not reduce the amount available for others to consume, and it is difficult to prevent people from using a public good. Examples of public goods include national defense, law enforcement, and public parks.<\/p>\n","protected":false},"excerpt":{"rendered":" [amp_mcq option1=”Consumer goods” option2=”Capital goods” option3=”Agricultural goods” option4=”Public goods” correct=”option2″]<\/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-55394","post","type-post","status-publish","format-standard","hentry","category-economics","no-featured-image-padding"],"yoast_head":"\n