Examlex
Which of the following transactions is considered a purchase of final output? Which one is considered the purchase of an intermediate good?
(a)Albert purchased a camera from the U.S.to use on his vacation in the Bahamas.
(b)Albert purchased a roll of film to use in his camera.
(c)An owner of a bakery purchased wheat to make bread.
(d)A chocolate factory purchased milk to make chocolate.
(e)The Ford Company purchased 10 tons of steel to make cars.
(f)Sue purchased cleaning detergent to use in her newly purchased washing machine.
(g)Karen bought tomato seeds and planted them in her backyard for her own use.
Passage
A section of text or a distinct portion of written material, often highlighting a specific point or idea.
Multilingual
The ability to speak, understand, and often read and write in more than two languages.
Percent
A mathematical term describing a part or fraction of a hundred, often used to express proportions or comparisons.
One Language
"One Language" typically refers to situations or policies where only a single language is promoted or used for communication in a community or country.
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