« previous next »

Author Question: Which of the following would most likely be defined as a final good? A) a computer tablet B) ... (Read 24 times)

james

  • Hero Member
  • *****
  • Posts: 573
on: Jun 30, 2018
Which of the following would most likely be defined as a final good?
 
  A) a computer tablet B) wheat C) iron ore D) lumber

Question 2

In the simple circular flow model, total income in one nation must equal
 
  A) the sum of wages, rents, interest and profits.
  B) the yearly amount earned by that nation's resources.
  C) the total monetary value of all final goods and services.
  D) All of the above are correct.


lcapri7

  • Sr. Member
  • ****
  • Posts: 350
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Sublingual medication administration. Photograph of a male patient placing a nitroglycerine tablet u Sublingual medication administration. Photograph of a male patient placing a nitroglycerine tablet u
Jeremy Deller, A Good Day for Cyclists (painted by Sarah Tynan). Jeremy Deller, A Good Day for Cyclists (painted by Sarah Tynan).
The paper test involves holding a piece of paper near the tailpipe of an idling engine. A good ... The paper test involves holding a piece of paper near the tailpipe of an idling engine. A good ...
Connecting cables and a computer to perform off-board programming. Connecting cables and a computer to perform off-board programming.
Carrots are a good source of vitamin A Carrots are a good source of vitamin A
Prevalence of good health in Canadians aged 65 years and older Prevalence of good health in Canadians aged 65 years and older
Video: Graded potentials - electrical characteristics and types

For a complete list of videos, visit our video library