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:

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