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 Mai buys to put in her college dorm room
D) a and b
E) b and c
Correct Answer:
Verified
Correct Answer:
Verified
Q26: List and explain the two different approaches
Q27: Refer to Exhibit 7-3.Consumption is equal to<br>A)
Q28: Real GDP is the value of all
Q29: Suppose that in year 1 every adult
Q30: Net exports equals<br>A) exports divided by imports.<br>B)
Q32: Investment equals inventory investment added to<br>A) business
Q33: A business cycle refers to the<br>A) continued
Q34: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q35: Disposable income is<br>A) equal to GDP minus
Q36: Capital consumption allowance refers to<br>A) capital goods