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Intermediate goods are produced by one firm for use in further processing by another firm.

mdagenh1

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Intermediate goods are produced by one firm for use in further processing by another firm.

Question 1.

Stock market transactions are part of GNP.

▸ true

▸ false

Question 2.

Intermediate goods are produced by one firm for use in further processing by another firm.

▸ true

▸ false

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

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