Which of the following is NOT a financial intermediary?

If the purchase of used goods was to be incorporated into measuring GDP using the expenditure approach, then

A) consumption spending would need to be adjusted for depreciation. B) it will be very difficult to assign a fair market value to a used good. C) we will have to account for the natural depreciation that a used good experiences. D) we also will have to account for spending on financial assets. E) we will be counting the value of the used goods both at the time of their production and at the time of their re-sale.

Refer to Table 6-3. Over what range of prices is the demand elastic?

A) between $8 and $16 B) between $14 and $16 C) over the entire range of prices D) between $2 and $8