Which of the following is not classified as a final good?

A. A new car purchased by a family
B. A new machine purchased by a business
C. New clothing purchased by a college student
D. Fresh vegetables purchased by a restaurant

Answer: D

Economics

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In the above figure, the economy is initially at point B. If the government decreases transfer payments, there is

A) a movement to point C. B) a movement to point A. C) a shift to AD2. D) a shift to AD1.

Economics

How does political corruption affect society?

What will be an ideal response?

Economics