An intermediate good is
A) always counted when measuring GDP because it doesn't represent time spent in production of a final good or service.
B) a good whose value is of neither a high grade nor a low grade.
C) a good that is sold to the government and then redistributed to the poor.
D) any good that is resold by its purchaser rather than used as is.
D
Economics
You might also like to view...
Describe the three pillars of productivity growth
Economics
People who lost their jobs as hand-drawn animators because of the popularity of computer-generated 3D animation are examples of persons who are suffering
A) frictional unemployment. B) structural unemployment. C) cyclical unemployment. D) seasonal unemployment.
Economics