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प्रश्न
State whether the following statement is true or false:
‘Purchase of machinery by a producer is an intermediate good.’
सत्य या असत्य
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उत्तर
This statement is false.
Explanation:
Machinery purchased by a producer is a capital good (final good) because it is used for production over many years. Intermediate goods are those that are used up in the production process, like raw materials.
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