Economics · National Income
Which of the following options is considered a 'final good' rather than an intermediate good in the context of GDP estimation?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Flour used by a commercial baker
- 2Biscuits purchased by a consumer✓
- 3Wheat bought by a flour mill
- 4Sugar used by a bakery
Correct answer
Biscuits purchased by a consumer
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