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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.
The correct option is D. Capital goods are used to produce other goods and services more efficiently. They are tangible asset of a company such as lands, buildings, machinery, equipments, tools, etc. They are used in production process in order to produce consumer goods.
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