What is meant by intermediate goods and services...? Mcqs

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What is meant by intermediate goods and services...?

(A) The same as capital goods, such as plants, buildings, vehicles, and machinery.
(B) Products which one firm buys off another and then uses up in its own products.

(C) All inputs bought by firms, including labor and raw materials.
(D) Imports.

✅ Correct Answer: The same as capital goods, such as plants, buildings, vehicles, and machinery.

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Source: This question is taken from the Everyday Science

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