Which of the following is a final good or service?
A) tires purchased by Ford for use on one of their SUVs
B) the new economics textbook you are using
C) the hair gels used by a hair stylist at the local hair salon
D) the butter used by a chef to make butter cream frosting
E) the taco shells purchased by Taco Bell for use in their tacos
Correct Answer:
Verified
Q35: In measuring GDP,which of the following is
Q36: Which of the following is a final
Q37: Which of the following is classified as
Q38: Expenditures on U.S.produced steaks,shoes,and doctor visits are
Q39: Which of the following is an example
Q41: Net exports of goods and services is
Q42: Gross Domestic Product equals
A)Y = C +
Q43: When measuring GDP,
A)the government sector is not
Q44: U.S.net exports include
A)sales of Hollywood movies to
Q45: Total expenditure equals total income
A)because firms pay
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