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Are the following outputs considered an intermediate good, a final good, or neither for purposes of calculating GDP in the current year? For each answer, just say intermediate good, final good, or neither.
a. New tires put on a new Corvette at Big O Tire store
b. The net sales price of a home built in 1990 when it is resold in 1997
c. The commission earned by a stock broker on the sale of stock
d. The net price that is paid for 1000 shares of stock in Dell

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M9293894

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