Question

Which of the following statements is TRUE about capital goods? A-Capital goods are bigger and more expensive than consumer goods. B-Capital goods are only used by governments. C-Capital goods are usually imported. D-Capital goods are used to produce other goods and services more efficiently.

Answer 1

The true statement concerning capital and good is D--- Capital goods are used to produce other goods and services more efficiently.

Answer 2

Only the statement D" Capital goods are used to produce other goods and services more efficiently." is trues, in fact, thisis the definition of "Capital goods". The remaining statements are false.