An intermediate good is
A) always counted when measuring GDP because it doesn't represent time spent in production of a final good or service.
B) a good whose value is of neither a high grade nor a low grade.
C) a good that is sold to the government and then redistributed to the poor.
D) any good that is resold by its purchaser rather than used as is.
Correct Answer:
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Q32: Table 2-1 Q33: Adding up all transactions in the economy Q34: By definition,when the economy is in equilibrium Q35: Suppose that steel produced this year is Q36: Which of the following is NOT an Q38: Figure 2-1 Q39: A farmer sells raw milk for 50 Q40: The difference between gross investment and net Q41: Table 2-1 Q42: Positive net exports are treated like domestic 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
