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Author Question: Which of the following expenditures is for an intermediate good? A) The government buys new tires ... (Read 131 times)

jace

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on: Jun 29, 2018
Which of the following expenditures is for an intermediate good?
 
  A) The government buys new tires for its military vehicles.
  B) A U.S. tire firm sells new tires to Canada.
  C) General Motors buys new tires to put on the cars it's building.
  D) You buy new tires for your used car.

Question 2

A ton of coal purchased by your local utility to burn to make electricity would be best described as
 
  A) an intermediate good.
  B) a financial asset.
  C) a used good.
  D) a final product.


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anoriega3

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


jace

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Reply #2 on: Jun 29, 2018
Thank you


anoriega3

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Reply #3 on: Jun 29, 2018
No problemo


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