Goods and services of value to households are
A) inputs in the production process.
B) outputs in the production process.
C) both inputs and outputs in the production process.
D) unrelated to the production process.

Question

Quizplus · Accepted Answer

Goods and services of value to households are considered outputs in the production process, as they are the end products that are consumed by households.

Goods and Services of Value to Households Are