3. What is the difference between intermediate and final goods? In which of these categories do capital

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3. What is the difference between intermediate and final goods? In which of these categories do capital goods, such as factories and machines, fall? Why is the dis tinction between intermediate and final goods impor tant for measuring GDP?

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Macroeconomics

ISBN: 9781292446127

11th Edition

Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore

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