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National Income Accounting — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsNational Income Accounting1 Mark
Question
Define intermediate goods.
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Answer

Intermediate goods are those goods which are purchased during the year by one production unit from the other and in the process is completely used up or resold during the given year.

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