Multiple Choice
An intermediate good would be:
A) a new boat to be used for vacations.
B) lumber used to build a house.
C) payments to military personnel.
D) a professor's salary.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q90: GDP counts the dollar value of only
Q91: Net exports are calculated by subtracting:<br>A) imports
Q92: Use the following to answer questions: <img
Q93: If both aggregate output and the aggregate
Q94: Use the following to answer questions: <img
Q96: Use the following to answer questions: <img
Q97: In the United States, government spending accounts
Q98: In the circular-flow diagram, households:<br>A) supply goods.<br>B)
Q99: Use the following to answer questions: <img
Q100: Suppose that nominal GDP is $1,000 in