Which of the following is NOT a final good?
A) a new computer sold to an NYU student
B) a new car sold to Avis for use in their fleet of rental cars
C) a purse sold to a foreign visitor
D) a hot dog sold to a spectator at a Chicago Bears football game
Question 2
At the beginning of the year, your wealth is 10,000. During the year, you have an income of 90,000 and you spend 80,000 on consumption. You pay no taxes. Your wealth at the end of the year is
A) 20,000.00.
B) 0.
C) 90,000.00.
D) 100,000.00.
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Find the final amount if the initial amount is 400 units.
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