CUET Economics - Steel sheets are used for making automobiles and copper used for making utensils, what type of goods are these (Steel and Copper)? | PYQs + Solutions

CUET Economics 2025 22 May Shift 1

Macro

Medium

Consumption Goods.

Final Goods.

Intermediate Goods.

Capital Goods.

✅ Correct Option: 3

Related questions:

28 May Shift 2

Arrange the statements in sequence of GDP composition on the expenditure side as per the annual report, Reserve Bank of India.

(A) Gross Domestic Investment.

(B) Private Final Consumption Expenditure.

(D) Net Exports.

Choose the correct answer from the options given below:

31 May Shift 1

Addition to the stock of physical capital and changes in the inventory of a producer is known as:

Asset Appreciation.
Consumption.
Stock.
Investment.

28 May Shift 2

A firm produces Rs 1000 worth of goods per year. Rs 200 is the value of intermediate goods used by it during the year and Rs 100 is the value of capital consumption. What is the net value of total production?

CUET Economics 2025 22 May Shift 1 PYQs

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