Which of the following classifications is correct?
A. City streets are consumption goods because they wear out with use.
B. Stocks are capital goods because when people buy and sell them they make a profit.
C. The coffee maker in the coffee shop at an airport is a consumption good because people buy the coffee it produces.
D. White House security is a government service because it is paid for by the government..
D Answer D is correct.
You might also like to view...
An increase in which of the following would cause an increase in aggregate supply?
a) labor productivity b) the wage rate c) prices of imports d) consumer spending e) interest rates
A realtor in the real estate market is an example of
A) an end user in a shared-input market. B) a platform in a shared-input market. C) a platform in a matchmaking market. D) an end user in a matchmaking market.