This topic contains a solution. Click here to go to the answer

Author Question: Which of the following purchases would be counted as a final good in the GDP calculation? a. A ... (Read 102 times)

NguyenJ

  • Hero Member
  • *****
  • Posts: 516
Which of the following purchases would be counted as a final good in the GDP calculation?
 a. A family's purchase of a used car.
  b. A speculator's purchase of 100 shares of Apple Computer stock.
  c. A deli's purchase of bread for making its sandwiches.
  d. A business's purchase of new office equipment.

Question 2

GDP measures the economy's production of:
 a. final goods and services.
  b. intermediate goods.
  c. consumer goods and services.
  d. capital goods.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

adammoses97

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

d

Answer to Question 2

a




NguyenJ

  • Member
  • Posts: 516
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


parker125

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

For a complete list of videos, visit our video library