Classify each of the following items as a final good or service or an intermediate good or
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Classify each of the following items as a final 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 the New York Stock Exchange.
■ Coffee beans bought by Starbucks.
■ New coffee grinders bought by Starbucks.
■ Starbuck’s grande mocha frappuccino bought by a student.
■ New battle ship bought by the U.S. Navy.
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