Economics: Principles & Policy
14th Edition
ISBN: 9781337696326
Author: William J. Baumol; Alan S. Blinder; John L. Solow
Publisher: Cengage Learning
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Question
Chapter 24.A, Problem 1DQ
To determine
The difference between final goods and intermediate goods and the usefulness of the value-added method.
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explain the difference between intermediate goods and final goods and give an example of each.
how to find gross investment in the economy? is it correct if i add Net investment to Capital Consumption?
Gross Investment = Net investment + Capital Consumption
Chapter 24 Solutions
Economics: Principles & Policy
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