A Final Good Is One That

question 18

Multiple Choice

A final good is one that

• A)is used in the production of another good.
• B)is a natural resource used to produce a good.
• C)is purchased as an input in the production process.
• D)is purchased by its final user.

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Definitions:

Standard Normal Distribution

A probability distribution that has a mean of zero and a standard deviation of one, commonly represented in statistics.

Less Than

A mathematical comparison indicating that one value is smaller than another.

Z-scores

Scores that are normalized to show the number of standard deviations a data point is away from the average.

Standard Normal Distribution

A Gaussian distribution where the mean is zero and the standard deviation is one.