Assertion A The cement purchased by the constructor is considered an intermediate good Rea...........

Economics (CUET) National Income Accounting

Assertion (A): The cement purchased by the constructor is considered an intermediate good.

Reason (R): The cement is used for the construction of the building to be sold to the consumer.

Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of the Assertion (A).

Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of the Assertion (A).

Assertion (A) is true, but Reason (R) is false.

Assertion (A) is false, but Reason (R) is true.

Option (1) is correct.
Explanation: Goods used in the production of final goods are known as intermediate goods.

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