This topic contains a solution. Click here to go to the answer

Author Question: Intermediate goods are goods and services used: a. by the ultimate user. b. by state and local ... (Read 100 times)

Chelseaamend

  • Hero Member
  • *****
  • Posts: 545
Intermediate goods are goods and services used:
 a. by the ultimate user.
  b. by state and local governments.
  c. as inputs.
  d. both as inputs and final goods.

Question 2

Which of the following expenditures would be included in GDP for this year?
 a. The purchase of a new car.
  b. The purchase of a new tire by General Motors for a new car.
  c. The purchase of a used car.
  d. All of these would be included.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joanwhite

  • Sr. Member
  • ****
  • Posts: 308
Answer to Question 1

c

Answer to Question 2

a




Chelseaamend

  • Member
  • Posts: 545
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


kilada

  • Member
  • Posts: 311
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

For a complete list of videos, visit our video library