The Following Are Examples of fiNal Goods in National Income

question 40

Multiple Choice

The following are examples of final goods in national income accounting, except

• A) lumber and steel beams purchased by a construction company.
• B) a tractor purchased by a construction company.
• C) a laptop computer purchased by an executive for personal use.
• D) a desktop computer purchased by an executive for business use.

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Definitions:

Outcomes

The results or consequences of an action or a series of actions, often measured in terms of success, failure, or progress.

Effective Feedback

Constructive information given to individuals to help them recognize and build on their strengths and identify areas for improvement.

Comparison Other

A reference point used by individuals to evaluate their own situation, abilities, or opinions, often through comparison with others.

Feelings of Inequity

The perception or experience of unfair treatment compared to others, which can affect motivation and satisfaction.