Author Question: An example of an intangible good is: a. an automobile. b. a new house. c. a snowplow. d. ... (Read 94 times)

OSWALD

  • Hero Member
  • *****
  • Posts: 580
An example of an intangible good is:
 a. an automobile.
  b. a new house.
 c. a snowplow.
 d. friendship.

Question 2

Real GDP is:
 a. the base year market value of all final goods and services produced domestically during a given period.
  b. the current year market value of all final goods and services produced domestically during a given period.
  c. usually greater than nominal GDP.
 d. the current year market value of domestic production of intermediate goods.



allisonblackmore

  • Sr. Member
  • ****
  • Posts: 330
Answer to Question 1

d

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

For a complete list of videos, visit our video library