Which of the following is the best example of an intermediate good?
A) military uniforms purchased by the government
B) flour purchased by a bakery for the production of bread
C) a new computer purchased by a software developer
D) screwdrivers purchased by a homeowner for home repairs
E) aprons purchased by restaurant chefs
Correct Answer:
Verified
Q13: Which of the following units is used
Q14: GDP is a flow variable because it
Q15: When measuring GDP,economists count only the values
Q16: The precise definition of GDP is the
Q17: Used car dealerships add nothing to GDP
Q19: Gross domestic product (GDP)is
A) the total value
Q20: A midwestern farmer grows wheat and sells
Q21: Purchases of stocks and bonds are examples
Q22: In the expenditure approach to measuring GDP,we
Q23: Which of the following would be classified
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