Intermediate goods are those used up in the production process within the same year. Seeds and fertilizers bought by a farmer are used to produce crops, so they are intermediate goods. The other items are final goods bought for final consumption.
Which of the following is considered as an intermediate good ?
Verified 13 Jul 2026.
Mobile purchased by a student
Car purchased by a household
Seeds and fertilizers purchased by a farmer
Vegetables purchased by households
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