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Match List I with List II

LIST ILIST II
A.Product will not pass through further transformationI.Capital Good
B.A product used as raw material or input for productionII.Final Good
C.The good which enables for production on processIII.Consumer Good
D.Goods purchased by ultimate consumerIV.Intermediate Goods

Choose the correct answer from the options given below:

Solution

Correct Option: 2

A good not passing through further transformation is a Final Good, so A-II. A raw material or input for production is an Intermediate Good, so B-IV. A good enabling the production process is a Capital Good, so C-I. A good purchased by the ultimate consumer is a Consumer Good, so D-III.

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