What is meant by consumption goods? - Vidyadip

Question

What is meant by consumption goods?

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Answer

Consumption goods are those goods which satisfy the wants of consumers directly.

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Bank rate, can be helpful in correcting excess demand in an economy.

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S.No.	Contents	₹ (in crore)
(i)	Corporation Tax	$35$
(ii)	Wages and Salaries	$200$
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(iv)	Operating Surplus	$400$
(v)	Net Current Transfers from Abroad	$15$
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(vii)	Consumption of Fixed Capital	$20$
(viii)	Social Security Contribution by Employers	$30$
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