Which of the following is a final good or service?
A) A new replacement muffler installed by Midas Mufflers.
B) The CPUs purchased by Dell to be used in their computers.
C) The fertiliser purchased by farmers to produce wheat.
D) The chicken purchased by Nandos for use in their Peri Peri Chicken.
E) The DVDs purchased by JB Hi Fi for sale to their customers.
Correct Answer:
Verified
Q1: In calculating GDP, we must
A) add the
Q2: Net exports of goods and services are
Q3: If last year net exports of goods
Q4: A restaurant buys fish to offer as
Q5: In measuring GDP, which of the following
Q7: How are final goods and services valued
Q8: Government expenditures on goods and services include
i.
Q9: Which of the following is included in
Q10: Which of the following is NOT directly
Q11: When measuring GDP,
A) only the federal government's
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