Choose the correct answer 5. Which of the following is an example of anintermediate good?a) the dough you buy to fix yourself a pizza fordinnerb) the chocolate you buy to make yourself somecookiesc) the pizza sauce you purchase to make pizzas tosell for a fund-raiser for an organization youbelong tod) none of the above6. Double counting can be avoided by:a) including the value of intermediate goods in the current year.b) not counting the value of intermediate goods in GDP.c) including the value of intermediate goods in the GNP but not inthe GDP.d) including the value of intermediate goods in the production yearbut not in the selling year of those goods.

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5. Which of the following is an example of an intermediate good? a) the dough you buy to fix yourself a pizza for dinner b) the chocolate you buy to make yourself some cookies c) the pizza sauce you purchase to make pizzas to sell for a fund-raiser for an organization you belong to d) none of the above

5. Which of the following is an example of an intermediate good? a) the dough you buy to fix yourself a pizza for dinner b) the chocolate you buy to make yourself some cookies c) the pizza sauce you purchase to make pizzas to sell for a fund-raiser for an organization you belong to d) none of the above

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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