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Classify each of the following items as a final good or an intermediate good, and identify which is a component of consumption expenditure, investment,
Classify each of the following items as a final good or an intermediate good, and identify which is a component of consumption expenditure, investment, or government expenditure on goods and services: Item 1. Banking services bought by Loblaws Item 2. A new limousine for the prime minister Item 3. A new airplane bought by WestJet Item 4. A textbook bought by a student Item 1 is and item 2 is A. a final good that is investment a final good which is government expenditure i OB. an intermediate good, a final good that is investment OC. a final good that is investment, a final good that is investment OD. an intermediate good; a final good which is government expenditure Item 3 is and item 4 is OA a final good that is investment an intermediate good OB. a final good that is investment a final good that is consumption expenditure OC. final good that is consumption expenditure anntermediate good OD. a final good that is consumption expenditure a final good that is consumption expenditure
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