menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 43
  4. Exam
    Exam 7: A: Measuring the Economys Output
  5. Question
    Explain the Difference Between Final and Intermediate Goods, and Give
Solved

Explain the Difference Between Final and Intermediate Goods, and Give

Question 12

Question 12

Essay

Explain the difference between final and intermediate goods, and give an example of each.

Correct Answer:

verifed

Verified

Goods are considered to be "final goods"...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q7: How is a price index computed?

Q8: What is the relationship between real GDP,

Q9: Why do economists worry about "multiple counting"

Q10: What adjustments need to be made to

Q11: The following table shows the price of

Q13: Give the three categories, which comprise gross

Q14: The following data show nominal GDP and

Q15: Identify at least four transactions and other

Q16: Discuss the pros and cons of GDP

Q17: When would a fixed based price index

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines