1.10 Classify each of the following items as a fi nal good or service or an intermediate...
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1.10 Classify each of the following items as a fi nal good or service or an intermediate good or service and identify which is a component of consumption expenditure, investment, or government expenditure on goods and services:
◆ Banking services bought by Google
◆ Security system bought by Barclays
◆ Coffee beans bought by Starbucks
◆ New coffee grinders bought by Starbucks
◆ Starbucks’ grande mocha frappuccino bought by a student
◆ An aircraft carrier bought by the Royal Navy
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Related Book For
Economics
ISBN: 9781118150122
10th European Edition
Authors: Michael Parkin, Dr Melanie Powell, Prof Kent Matthews
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