A loaf of bread purchased by one of your instructors would be BEST described as
A) a financial asset.
B) a used good.
C) a final good.
D) an intermediate good.
Correct Answer:
Verified
Q37: The circular flow of income shows that
A)
Q56: In the calculation of gross domestic product
Q57: If we compare the four sources of
Q58: Depreciation is defined as the
A)decrease in the
Q59: Last year in the country of Ecoland
Q61: Because pollution reduces economic welfare, on this
Q62: All of the following are included in
Q63: The largest component of GDP in the
Q64: Business cycles are
A)unpredictable, but always have two
Q65: The circular flow diagram shows
A)the effects of
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