ECONOMICS (CBSE/UGC NET)

ECONOMICS

TECHNOLOGY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Some examples of capital goods include factories, machinery, ____, buildings, tools, etc.
A
increase in GDP
B
stronger its economy
C
technology
D
more goods & services
E
boosts a country’s exports
Explanation: 

Detailed explanation-1: -The most common examples of capital goods can be equipment, machinery, buildings, computers, and more. The concept of capital goods is most commonly used in macroeconomic terms where it is used in determining the capital formation and the production capacity.

Detailed explanation-2: -Tools, machinery, buildings, vehicles, computers, and construction equipment are types of capital goods.

Detailed explanation-3: -Capital goods include buildings, machinery, equipment, vehicles, and tools.

Detailed explanation-4: -What Are Examples of Capital? Any financial asset that is being used may be capital. The contents of a bank account, the proceeds of a sale of stock shares, or the proceeds of a bond issue all are examples. The proceeds of a business’s current operations go onto its balance sheet as capital.

Detailed explanation-5: -Vehicles. Vehicles owned by a business are a capital good. Production Technology. Computing Technology. Electronics. Software. Power Technology. Infrastructure. Facilities. More items •31-Jul-2017

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