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assify each of the following items as a final good or an intermediate good, and identify whether it is a component of consumption expenditure, investment, or government expenditure on goods and services: m 1. Packing boxes bought by Amazon.com. em 2. Starbuck's grande mocha frappuccino bought by a student. em 3. A new limousine for the president. em 4. New airplanes bought by United Airlines. tem 1 is and item 2 is O A. an intermediate good; a final good that is consumption expenditure O B. a final good that is consumption expenditure; a final good that is consumption expenditure OC. a final good that is consumption expenditure; a final good that is investment O D. an intermediate good; a final good that is investment Item 3 is and item 4 is O A. an intermediate good; an intermediate good O B. a final good that is government expenditure; a final good that is investment O C. an intermediate good; a final good that is investment O D. a final good that is govemment expenditure; an intermediate good

assify each of the following items as a final good or an intermediate good, and identify whether it is a component of consumption expenditure, investment, or government expenditure on goods and services: m 1. Packing boxes bought by Amazon.com. em 2. Starbuck's grande mocha frappuccino bought by a student. em 3. A new limousine for the president. em 4. New airplanes bought by United Airlines. tem 1 is and item 2 is O A. an intermediate good; a final good that is consumption expenditure O B. a final good that is consumption expenditure; a final good that is consumption expenditure OC. a final good that is consumption expenditure; a final good that is investment O D. an intermediate good; a final good that is investment Item 3 is and item 4 is O A. an intermediate good; an intermediate good O B. a final good that is government expenditure; a final good that is investment O C. an intermediate good; a final good that is investment O D. a final good that is govemment expenditure; an intermediate good

Brief Principles of Macroeconomics (MindTap Course List)
Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter5: Measuring A Nation's Income
Section: Chapter Questions
Problem 9PA
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Classify each of the following items as a final good or an intermediate good, and identify whether it is a component of consumption expenditure, investment, or government expenditure on goods and services: Item 1. Packing boxes bought by Amazon.com. Item 2. Starbuck's grande mocha frappuccino bought by a student. Item 3. A new limousine for the president. Item 4. New airplanes bought by United Airlines. Item 1 is and item 2 is O A. an intermediate good; a final good that is consumption expenditure B. a final good that is consumption expenditure; a final good that is consumption expenditure C. a final good that is consumption expenditure; a final good that is investment D. an intermediate good; a final good that is investment Item 3 is and item 4 is O A. an intermediate good; an intermediate good O B. a final good that is government expenditure; a final good that is investment O C. an intermediate good; a final good that is investment D. a final good that is government expenditure; an intermediate good ? Click to select your answer. MacBook Air DD F12 20 888 F11 F10 F7 F8 F9 F6 F5 F4 esc F2 F3 F1 & ! @ # $ del 7 8 1 2 3 4 { P W E R T Y Q tab F G н J K А S D caps lock 7 V B
Transcribed Image Text:Classify each of the following items as a final good or an intermediate good, and identify whether it is a component of consumption expenditure, investment, or government expenditure on goods and services: Item 1. Packing boxes bought by Amazon.com. Item 2. Starbuck's grande mocha frappuccino bought by a student. Item 3. A new limousine for the president. Item 4. New airplanes bought by United Airlines. Item 1 is and item 2 is O A. an intermediate good; a final good that is consumption expenditure B. a final good that is consumption expenditure; a final good that is consumption expenditure C. a final good that is consumption expenditure; a final good that is investment D. an intermediate good; a final good that is investment Item 3 is and item 4 is O A. an intermediate good; an intermediate good O B. a final good that is government expenditure; a final good that is investment O C. an intermediate good; a final good that is investment D. a final good that is government expenditure; an intermediate good ? Click to select your answer. MacBook Air DD F12 20 888 F11 F10 F7 F8 F9 F6 F5 F4 esc F2 F3 F1 & ! @ # $ del 7 8 1 2 3 4 { P W E R T Y Q tab F G н J K А S D caps lock 7 V B
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