Which of the Following Is a Final Good or Service

question 43

Multiple Choice

Which of the following is a final good or service?

• A)the grilled chicken purchased by Taco Bell for use in their burritos
• B)a new replacement muffler installed by Midas Mufflers
• C)the fertilizer purchased by Royal Lawn and Landscape
• D)the computers purchased by Office Depot for sale to its customers
• E)the CPUs purchased by Dell to be used in their computers

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Definitions:

Total Income

The sum of all earnings or revenues received by an individual or organization, including wages, salaries, investment returns, and other sources.

Growing Income Inequality

The increasing gap in the distribution of income among individuals or households within a society.

Flow of Earnings

Refers to the movement of profits or income generated by a business or investment over time.

Stock of Assets

Represents the total value of financial and physical assets owned by an individual, company, or country.