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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