Classify each of the following items as a final or an intermediate good or service, and identify

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Classify each of the following items as a final or an intermediate good or service, and identify which is a component of consumption expenditure, investment, or government expenditure on goods and services:

■ Financial services bought by China Investment Corporation.

■ Desktop computers bought by Barclays.

■ New taximeters imported from China by the London Taxi Company.

■ New DVD bought by a student from Virgin Megastore.

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Economics

ISBN: 9781292433639

14th Global Edition

Authors: Michael Parkin

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Question Posted: Jan 27, 2024 10:02 PM

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Classify each of the following items as a final or an intermediate good or service, and identify

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Each of the goods and services mentioned in the question can be classified as follows 1 Financial se...View the full answer

Economics

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