An Example of an Intermediate Good Is

question 185

Multiple Choice

An example of an intermediate good is:

• A)wages paid to an employee.
• B)steel purchased by aircraft manufacturers.
• C)vegetables purchased for your dinner.
• D)electric bills for the office.

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Definitions:

Ratification

The approval or formal sanctioning of an agreement or act, often making it officially valid.

Unauthorized

Actions or access that have not been approved or given consent by the proper authority.

Promissory Note

A written promise to pay a specified amount of money, either on demand or at a future date.

Reasonable Identification

A requirement in certain transactions, such as the presentation of an identifiable document that can confirm the identity of a person.