class 12 what is consumption and capital good in chapter introduction to macro economics
Question
class 12 what is consumption and capital good in chapter introduction to macro economics
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Solution 1
In the context of macroeconomics, particularly for class 12, consumption goods and capital goods are two different types of goods that play a crucial role in the economy.
- Consumption Goods: These are the goods used by consumers for their immediate satisfaction or to use up within a year. These Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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