An example of a final good in national income accounts would be new:
A)lawn mowers purchased by Cut-rite Mowers.
B)flowers purchased by homeowner Lenny Davis.
C)chemicals purchased by Green Grass Lawn Care.
D)trees purchased by Wendy Lee's Garden Center.

Question

Quizplus · Accepted Answer

A final good is a good that is sold to the final user, and in this case, the flowers were purchased by a homeowner, making them the final user. The other options involve purchases made by businesses and are therefore not final goods.

An Example of a Final Good in National Income Accounts