Question

What is the difference between final goods and consumer goods of an economy?​

Answer 1

Answer:

Consumer goods are goods that are ultimately consumed rather than used in the production of another good. ... For example, textiles or transistors which can be used to make some further goods. When used in measures of national income and output, the term “final goods” only includes new goods.

Answer 2

Answer:

refer to the attachment above.

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