Which of the following is the best example of an intermediate good or service?
A) any good bought by a household,rather than a firm
B) pizzas bought at a restaurant
C) legal services hired by a public accounting firm
D) sunglasses worn on a summer vacation in Florida
E) a professional performance of "The Phantom of the Opera"
Correct Answer:
Verified
Q10: Which of the following is not true
Q11: Gross Domestic Product measures the
A)market value of
Q12: GDP does not include the
A)increase in business
Q13: Which of the following is true regarding
Q14: Which of the following would not be
Q16: Which of the following is the best
Q17: Which of the following best describes an
Q18: Gross Domestic Product includes final goods and
Q19: In double-entry GDP accounting,
A)the value of output
Q20: Which of the following would be included
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