An example of intermediate goods would be:
A) Bricks bought by a homeowner for constructing a patio
B) Sacks of groceries bought by a dentist for his family
C) Cars bought by a car-rental company
D) Paper and ink bought by a publishing company
Correct Answer:
Verified
Q3: Adding the market value of all final
Q4: To avoid multiple counting in national income
Q5: The gross domestic product (GDP) concept accounts
Q6: GDP is the market value of:
A) Resources
Q7: Which of the following is a private
Q9: All of the following are examples of
Q10: Value added by a firm is the
Q11: Consider the following data for a firm
Q12: The following are examples of final goods
Q13: Firm A produces something that Firm B
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