Which of the Following Is an Intermediate Good And,therefore,excluded from the Calculation

question 125

Multiple Choice

Which of the following is an intermediate good and,therefore,excluded from the calculation of GDP?

• A) A set of tires sold to a car owner.
• B) A loaf of bread purchased by a grocery store.
• C) 100 shares of stock in Microsoft.
• D) A new home.
• E) A pre-owned automobilE.

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Definitions:

Typographical Errors

Typographical errors, or typos, are mistakes made in the typing process, often resulting in incorrect spelling, punctuation, or grammar in written material.

Flextime

A flexible working arrangement that allows employees to alter their start and end times, offering a balance between personal and professional life.

Denotation

A word’s literal or “dictionary” meaning. Most common words in English have more than one denotation. Context usually makes it clear which of several meanings is appropriate.

Connotation

The emotional or cultural associations tied to a word or phrase, beyond its literal dictionary definition.