MCQ
Goods and services mean :
  • Either for consumption by consumers or investment by firms.
  • B
    For investment by firms.
  • C
    For consumption by consumers.
  • D
    Goods that are produced in the factories.

Answer

Correct option: A.
Either for consumption by consumers or investment by firms.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Similar questions

Evaluate the ways MNCs play a major role in the globalization process by identifying the appropriate statements among the following options:
i. They take over some local companies in the existing country.
ii. Influencing the government's foreign policies of trade restrictions.
iii. Removing tax barriers from developing countries.
iv. They set up production in more than one country thus interlinking the economies.
Which of these statements regarding factors affecting politics of social divisions are true?
  1. It is much easier if the people see that their identities are multiple and are complementary with national identity.
  2. If people see their identities in singular and exclusive terms, it becomes very easy to accommodate.
  3. It is easier to accommodate demands that are within the constitutional framework and not at the cost of another community.
  4. It depends on how the government reacts to demands of different groups.
Consider the statements given below and choose the correct answer
Statement I: Penny magazines were manuals for women teaching proper fashion sense and cooking.
Statement II: The writings of Jane Austen, the Bronte sisters, George Eliot defined a new type of woman with will, strength of personality, determination, and the power to think.
What came after grains and cattle as a medium of exchange in India?
What were the earliest form of objects used as money in India?
Who was the author of the book Hind Swaraj $1909?$
There is a concern among international organisations that $ ......... $ disregards the decisions of the United Nations and takes unilateral actions.
Match List I (organisations and struggles) with List II and select the correct answer using the codes given below the lists:do.
  List I   List II
1 Organisations that seek to promote the interests of a particular section or group. A Movement.
2 Organisations that seek to promote common interest. B Political parties.
3 Struggles launched for the resolution of a social problem with or without an organisational structure. C Sectional interest groups.
4 Organisations that mobilise people with a view to win political power. D Public interest groups.
  1 2 3 4
(a) C D B A
(b) C D A B
(c) D C B A
(d) B C D A
There was a rise in Ethnic tension between Serbs and Albanians in the province of Kosovo, which ultimately led to the disintegration of $ ...........$
Wheat requires $50$ to $75\ cm$ of annual rainfall evenly distributed over the growing season?