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What Is a Roundabout Method of Production

Question 161

Multiple Choice

What is a roundabout method of production?


A) It refers to an inefficient way of producing goods.
B) It refers to the production of capital goods that are used to enhance productive capabilities.
C) It refers to hiring more workers and using fewer capital goods.
D) It refers to producing more consumer goods and fewer capital goods.
E) none of the above

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