Everyday Science
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Medium
Question
What is meant by intermediate goods and services?
A
The same as capital goods, such as plants, buildings, vehicles, and machinery.
✓ Official correct answer
B
Products which one firm buys off another and then uses up in its own products.
C
All inputs bought by firms, including labor and raw materials.
D
Imports.
Community credibility
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A
The same as capital goods, such as plants, buildings, vehicles, and machinery.
No member explanations yet for this option.
B
Products which one firm buys off another and then uses up in its own products.
No member explanations yet for this option.
C
All inputs bought by firms, including labor and raw materials.
No member explanations yet for this option.
D
Imports.
No member explanations yet for this option.
Explanation
According to the keyed exam answer, intermediates equal capital goods.
Editor note: standard definition differs (option B); options left unchanged.
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