What does the term final goods and services mean?
A) Those goods and services which are unsold and which are therefore added to inventories.
B) Those goods and services whose value has been adjusted for changes in the price level.
C) Those goods and services purchased by the ultimate consumer.
D) The value of all finished products.
E) The value of all goods and services produced minus the value of government services.
Correct Answer:
Verified
Q20: What is the factor market?
A)The market for
Q21: All of the following,except one,are examples of
Q22: Q23: Q24: Q26: Which of the following summations is GDP Q27: What is a transfer payment? Q28: What would be the result if intermediate Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
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A)The payment made