Multiple Choice
Which of the following goods is an intermediate good?
A) lettuce that a restaurant buys to put on sandwiches
B) tires that a car company buys to put on the cars it produces
C) a television set that Chi-Mai buys to put in her college dorm room
D) a and b
E) b and c
Correct Answer:

Verified
Correct Answer:
Verified
Q5: The standard definition of "recession" is<br>A) a
Q34: The two ways of measuring Gross Domestic
Q39: When computing national income,which of the following
Q42: A transfer payment is a payment to
Q97: Explain why GDP figures do not necessarily
Q104: The base year is the year<br>A) in
Q115: With respect to the business cycle,describe the
Q122: In the calculation of national income,dividends paid
Q126: An example of income earned but not
Q140: In 1820 the country with the highest