Which of the following is a final good?
A) flour used by the bakery to bake cookies
B) flour purchased at the store to bake cookies
C) the memory chips in your new smart phone
D) a share of IBM stock
Correct Answer:
Verified
Q1: Which of the following expenditures associated with
Q2: In the United States, GDP is typically
Q4: Which of the following expenditures is for
Q5: Intermediate goods are excluded from GDP because
A)
Q6: GDP does not directly include intermediate goods
Q7: A ton of coal purchased by your
Q8: Gross domestic product GDP) measures the
A) number
Q9: Gross domestic product GDP) is the_ in
Q10: If Nike, an American corporation, produces sneakers
Q11: Gross domestic product
A) includes all the goods
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