Determine whether each of the following outputs is considered an inter

Determine whether each of the following outputs is considered an intermediate good, a final good, or neither for purposes of calculating GDP in the current year.

a. New tires put on a new Corvette at Big O Tire store
b. The net sales price of a home built in 1990 when it is resold in 1997
c. The commission earned by a stock broker on the sale of stock
d. The net price that is paid for 1000 shares of stock in Dell

 

ANSWER

a. Final
b. Neither
c. Final
d. Neither

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