A capital good is
A) one produced by the government.
B) part of investment spending when purchased by either private businesses or by the federal government.
C) one that is purchased in order to make other goods and services.
D) not part of Gross Domestic Product (GDP) because it is an intermediate product.
Correct Answer:
Verified
Q192: If C = consumption, G = government
Q193: Food and gasoline can be classified as
A)
Q194: Durable consumer goods are goods that
A) last
Q195: Fixed investment includes
A) business spending on plant
Q196: Net domestic product (NDP) is
A) Gross Domestic
Q198: Which of the following is included in
Q199: Which of the following is an example
Q200: If a firm produces more output than
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