Which of the following are long-lived goods used to produce other goods and services?

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The correct choice is capital goods, as they refer specifically to long-lived assets that are used in the production of other goods and services. Capital goods include machinery, tools, buildings, and equipment that businesses utilize to manufacture products or deliver services. These goods are essential for enhancing production efficiency and contribute to economic growth because they enable more effective resource utilization.

In contrast, final goods are products that are ready for consumption and are not used to produce additional goods or services. Intermediate goods are products that are used to produce other goods but are typically not in their final form; they will undergo further processing before becoming part of a final product. Investment goods, while similar to capital goods, often refer to the broader category of purchases made by businesses to increase their capacity and operational efficiency, which may not exclusively denote those goods that have a long life for production purposes. Therefore, capital goods are the most precise classification for long-lived items intended for production use.

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