A. durable goods
B. non-durable goods
C. equilibrium goods
D. non-equilibrium goods
✅ The correct answer is option A.
Loans for cars and home appliances is classified as loans for durable goods. Durable goods are those goods that don’t wear out quickly and last over a long period.
Loans for cars and home appliances is classified as loans for durable goods. Durable goods are those goods that don’t wear out quickly and last over a long period.