Capital goods are treated as ________ goods and, therefore, are ________ GDP.
A) final; included in
B) final; excluded from
C) intermediate; included in
D) intermediate; excluded from
Correct Answer:
Verified
Q23: Intermediate goods and services are _ production
Q24: If the Citrus Growers Association grows $1
Q25: Which of the following would be classified
Q26: The value added by any firm equals
Q27: A firm's revenue from selling its product
Q29: Goods and services that are consumed by
Q30: Which of the following is an example
Q31: Final goods and services are _ production
Q32: If a pizza maker pays $1 for
Q33: Which of the following is an example
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