Question: Intermediate goods and services are those that are: a . ready for final sale to the consumer. b . purchased for additional processing and resale.

Intermediate goods and services are those that are:
a. ready for final sale to the consumer.
b. purchased for additional processing and resale.
c. produced by foreign companies.
d. included in the calculation of the gross domestic product.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!