Question 16
MediumOriginal questionWhich of these is an intermediate good?
Show the answer and explanation
CorrectNot quiteAnswer A
Correct answer: A
Explanation
The paper becomes part of the books within the year, so it is an input.
The machine is a capital good (final); the book and the laptop go to households (final).
- Concept
- Spotting intermediate goods
- Typical timeTypical
- 70 s
- Your timeYours
- —
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