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Please check both of my answers for the 2 questions Classify each of the following items as a final good or service or an intermediate
Please check both of my answers for the 2 questions
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: Item 1. The purchase of a new security system for Congress Item 2. Your purchase of a new iPhone Item 3. Newsprint bought by USA Today Item 4. A new bridge across the creek in the Augusta National Golf Club Item 1 is and item 2 is Item 3 is and item 4 is O A. a final good which is government expenditure; O A. an intermediate good; an intermediate good a final good that is consumption expenditure O B. a final good which is government expenditure; . . . O B. a final good that is investment; a final good that is consumption expenditure a final good that is investment O C. a final good that is investment; O C. an intermediate good; a final good that is consumption expenditure a final good that is investment O D. a final good that is investment; O D. a final good that is investment; an intermediate good a final good that is consumption expenditureStep by Step Solution
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