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Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884 Exercise 13
Gross Domestic Product
Classify each of the following items as a final good or service or an intermediate good or service and identify which is a component of consumption expenditure, investment, or government expenditure on goods and services:
Banking services bought by Google.
Security system bought by the New York Stock Exchange.
Coffee beans bought by Starbucks.
New coffee grinders bought by Starbucks.
Starbuck's grande mocha frappuccino bought by a student.
New battle ship bought by the U.S. Navy.
Classify each of the following items as a final good or service or an intermediate good or service and identify which is a component of consumption expenditure, investment, or government expenditure on goods and services:
Banking services bought by Google.
Security system bought by the New York Stock Exchange.
Coffee beans bought by Starbucks.
New coffee grinders bought by Starbucks.
Starbuck's grande mocha frappuccino bought by a student.
New battle ship bought by the U.S. Navy.
Explanation
Verified
Verified
Final goods and services are those goods...
Macroeconomics 11th Edition by Michael Parkin
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