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The Difference Between a Final Good and an Intermediate Good

Question 7

Multiple Choice

The difference between a final good and an intermediate good is that:


A) final goods are not counted as part of GDP.
B) intermediate goods are of lower quality than final goods.
C) an intermediate good is sold for use as a component in a final good.
D) a final good is sold for use as a component of an intermediate good.

Correct Answer:

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