2. Capital goods are those goods produced by the economic system that are used as inputs to...

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2. Capital goods are those goods produced by the economic system that are used as inputs to produce other goods and services in the future. Capital goods thus yield valuable productive services over time.

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Principles Of Microeconomics

ISBN: 9780691150093

13th Global Edition

Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster

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