A nondurable good
A) has a life span of more than 3 years.
B) is used up within 3 years.
C) applies only to services.
D) is an intangible commodity.
Correct Answer:
Verified
Q228: Fixed investment is
A) the change in stocks
Q229: An increase in net exports
A) causes GDP
Q230: In calculating GDP, your tuition expenditures at
Q231: Suppose a firm purchases new equipment to
Q232: A consumer good that has a life
Q234: Capital purchases by businesses of newly produced
Q235: Durable consumer goods are goods that last
Q236: Changes in the stocks of finished goods
Q237: A consumer good that is used up
Q238: Mental or physical labor or help purchased
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents