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Author Question: Intermediate goods are goods and services used: a. by the ultimate user. b. by state and local ... (Read 101 times)

Chelseaamend

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on: Jun 30, 2018
Intermediate goods are goods and services used:
 a. by the ultimate user.
  b. by state and local governments.
  c. as inputs.
  d. both as inputs and final goods.

Question 2

Which of the following expenditures would be included in GDP for this year?
 a. The purchase of a new car.
  b. The purchase of a new tire by General Motors for a new car.
  c. The purchase of a used car.
  d. All of these would be included.


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joanwhite

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


Chelseaamend

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  • Posts: 545
Reply 2 on: Jun 30, 2018
Excellent

Mochi

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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