Question

1. what are intermediate goods? (1 point) goods that are not sold or exchanged in an economy goods used in the production of other goods goods that were sold in earlier years goods that are produced outside the country

Answer 1

1)B (goods used in the production of other goods)

2)A (add together all the amounts..)

3)C (the products and income that are not reported..)

4)D (gasoline)

5)C (Real GDP is based on constant prices; nominal GDP is based on the current year's prices)

100%

Answer 2

Intermediate goods are goods , such as partly finished goods, used as inputs in the production of other goods including final goods. They may be sold, so I would say the correct answer is goods used in the production of other goods.