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Author Question: Which of the following purchases would be counted as a final good in the GDP calculation? a. A ... (Read 128 times)

NguyenJ

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Which of the following purchases would be counted as a final good in the GDP calculation?
 a. A family's purchase of a used car.
  b. A speculator's purchase of 100 shares of Apple Computer stock.
  c. A deli's purchase of bread for making its sandwiches.
  d. A business's purchase of new office equipment.

Question 2

GDP measures the economy's production of:
 a. final goods and services.
  b. intermediate goods.
  c. consumer goods and services.
  d. capital goods.



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adammoses97

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Answer to Question 1

d

Answer to Question 2

a




NguyenJ

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


jordangronback

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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