Multiple Choice
Which of the following is an example of an intermediate good?
A) stocks and bonds purchased by a business executive
B) a cellular telephone purchased by a college student
C) a wedding ring purchased by an engineer for his fiancée
D) tires General Motors purchased from Goodyear for new electric cars
Correct Answer:

Verified
Correct Answer:
Verified
Q7: Assume that, in the base year (2011),
Q381: The consumer price index measures the cost
Q382: Use the following to answer questions:<br>Table: Real
Q383: Use the following to answer questions :<br>Table:
Q384: The underlying principle of the circular-flow diagram
Q385: An increase in the value of GDP
Q387: Steel manufactured to make a car is
Q388: Use the following to answer questions :<br>Table:
Q390: Between 2000 and 2013, the nominal GDP
Q391: A price index:<br>A)always includes a base year.<br>B)measures