Coal used by a steel factory during the accounting year is a: Option 1: Complementary good Option 2: Intermediate good Option 3: Substitute good Option 4: Final good

The answer is 'Intermediate good'. View full solution:

CUET Economics - Coal used by a steel factory during the accounting year is a: | PYQs + Solutions

CUET Economics

Macro

Easy

Complementary good

Intermediate good

Substitute good

Final good

✅ Correct Option: 2

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Given below are the steps for calculation of National Income by value added method. Place them in the correct sequence.

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Choose the correct answer from the options given below :