Question

Purchase of a Car Always means the Purchase of a final Good. Do you agree?

Answer 1

No. It depend on the end use of the card if it is purchased by horse called it is a final good it is like a consumer durable.

If it is purchased by taxi-operators, then again it is a final good, as it is to be finally used by the producer as a fixed asset.

However, if the car is purchased by retail dealer from the factory for the purpose of resale, it is to be treated as Intermediate good.