An Example of a Final Good in National Income Accounts

question 9

Multiple Choice

An example of a final good in national income accounts would be new:

• A)lawn mowers purchased by Cut-rite Mowers.
• B)flowers purchased by homeowner Lenny Davis.
• C)chemicals purchased by Green Grass Lawn Care.
• D)trees purchased by Wendy Lee's Garden Center.

---

Definitions:

Cohort Sequential Design

A research method that combines cross-sectional and longitudinal designs to analyze different cohorts over time.

Cross-Sectional

A type of observational study that analyzes data from a population at a specific point in time.

Ethical Concern

A moral issue or dilemma that requires consideration and judgment on matters of right and wrong.

Developmentalists

Researchers or professionals who study the growth and development of individuals across their lifespan, focusing on physical, cognitive, and social changes.