Fill in the blanks:
(a) Roads constructed by the government are ........................... (production/
capital formation).
(b) Purchase of a tractor by a farmer is a part of .......................... (production/
consumption).(c) A new house purchased by an individual is ..........................(consumption/
production).
(d) A doctor seeing a patient is .......................... (production/consumption).
(e) A student studying in a school is .......................... (production/consumption).
Answers
Answered by
8
Answer:
a.capital formation
b.production
c.consumption
d.production
e.consumption
Answered by
1
Answer:
capital formation
consumption
consumption
production
consumption
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