An example of final goods in national income accounts would be:

Question

Quizplus · Accepted Answer

Final goods are goods that are intended for the end user or consumer and are not used as an input for the production of other goods. Flowers and pots purchased by homeowner Joe Smith are intended for final consumption and are therefore an example of final goods in national income accounts. The other options involve goods that could be used as inputs for further production, making them intermediate goods.

An Example of Final Goods in National Income Accounts Would