Economics: Principles and Policy (MindTap Course List)
Economics: Principles and Policy (MindTap Course List)
13th Edition
ISBN: 9781305280595
Author: William J. Baumol, Alan S. Blinder
Publisher: Cengage Learning
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Chapter 25.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
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