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An example of final goods in national income accounts would be:

New lawn mowers purchased by Cut-Rite Lawn Equipment & Supplies
Flowers and pots purchased by homeowner Joe Smith
Chemicals purchased by Green Grass Lawn Care Services
Seedlings and saplings purchased for resale by Wendy's Garden Center

1 Answer

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Final answer:

Final goods in national income accounts are goods that are sold for consumption, investment, government, and trade purposes.

Step-by-step explanation:

In national income accounts, final goods are goods that are sold for consumption, investment, government, and trade purposes. They are the end products of the production chain. An example of final goods would be the new lawn mowers purchased by Cut-Rite Lawn Equipment & Supplies, the flowers and pots purchased by homeowner Joe Smith, and the seedlings and saplings purchased for resale by Wendy's Garden Center.

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