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Difference between expenditure on final goods and expenditure on intermediate goods?
Wiki User
∙ 15y ago
The difference between intermediate goods and final goods is in their nature. Intermediate goods are finished goods which can be used to make other good like wool. The final goods are sold to consumers like a woolen coat.
Wiki User
∙ 9y ago
Wiki User
∙ 11y agoThe difference between an intermediate good and service and final goods and service are that intermediate goods and service are used to make final goods and service(:
Wiki User
∙ 15y agodifference between final and intermediate goods difference between final and intermediate goods
Wiki User
∙ 15y agoExpenditure on final good are expenses to be record on calculating the GDP however expenses on intermediate goods might not
Wiki User
∙ 13y agoIntermediate goods are the goods which are used for producing a particular good and final goods are the goods which are ready for sale in the market.
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Is car purchased by a taxi driver is final or intermediate good?
intermediate good
What is expenditure approach?
expenditure approach is compute by GDP by adding the money spent by buyers on final goods and services. what are final goods?what are intermediate goods?whats the difference? Expenditure means that the money which is earned for the stur-ups for the business or any investigations for the business to support with any equipment s or for example stuff trainings. In economics, business, and accounting, a cost is the value of money that has been used up to produce something, and hence is not available for use anymore. In business, the cost may be one of acquisition, in which case the amount of money expended to acquire it is counted as cost…
Is bread a final good or intermediate good as far as making sandwiches?
if the final good is the sandwich, bread is a component: therefore an intermediate good
What is the difference between inuyasha and inuyasha the final act?
there us no really big difference between them inuyasha final act is basicley the closing of the whole anime
What is the difference between abstract class and final class?
20
What are the difference between interim and final order Explain on your own words?
Sure! The difference between an interim is that an interim is kinda like a progress report in the middle of every quarter. A final is at the end of each semester. Huge difference.
What is difference between the initial and final depth of water?
To find the difference between the initial and final depth of water is to subtract the final depth by the initial depth. The initial depth of what is what the water depth starts at and the final depth is the depth of the water once it is finished filling up.
What goods used in the production of final goods?
Intermediate Goods
Is flour sold to a bakery a final good or intermediate good?
It would be an intermediate good because it will be used in the production of baked goods. It is only a final good if it is not part of the production process of something.
Why do economists include only final goods and services in measuring GDP for a particular year?
The dollar value of final goods includes the dollar value of intermediate goods. If intermediate goods were counted, then multiple counting would occur. The value of steel (intermediate good) used in autos is included in the price of the auto (the final product).
What is the difference between the initial price of 55000 and the final cost of 29999?
25001
What is the mathematical difference between final and initial time called?
Time interval
