Which of the Following Expenditures Is for an Intermediate Good

question 176

Multiple Choice

Which of the following expenditures is for an intermediate good?

• A) The government buys new tires for its military vehicles.
• B) A U.S. tire firm sells new tires to Canada.
• C) General Motors buys new tires to put on the cars it's building.
• D) You buy new tires for your used car.

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Definitions:

Chemotherapy

A form of cancer treatment using drugs to kill or inhibit the growth of cancer cells.

Infection

The invasion and multiplication of microorganisms such as bacteria, viruses, and fungi in body tissues, which can cause illness and disease.

HIV

Human Immunodeficiency Virus, a virus that attacks the immune system and can lead to AIDS if not treated.

Viral Infection

An illness or disease caused by viruses, microorganisms that can replicate only inside the living cells of an organism.