Vidyalelo
Commerce · Q259

Economics

Graduate and Post Graduate · Commerce · question 259

Q259

Larger production of ___ goods would lead to higher production in future

A.
Consumer goods
B.
Capital goods
Answer
C.
Agricultural goods
D.
Public goods

Answer: Option B

Solution

Answer: Option B
Solution:
Larger production of Capital goods goods would lead to higher production in future. If investment in capital good increases ,in turn it further increases the production of consumer goods in the long run. So, if an economy is investing more in capital goods, it shows signs of growth in near future, an increase in GDP.