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14, an intermediate good is a good that is A) a stand in for all oods B) is tang

ID: 1169794 • Letter: 1

Question

14, an intermediate good is a good that is

A) a stand in for all oods

B) is tangible good that includes substantial services

C)neither normal nor inferior

D)used as an input

15. Discouraged workers are

A) those who would like to find a second job to supplement their income but have not yet found one

B)those unmotivated workers who bring down a countrys productivity

C)those who quit working because they are dissatisfied with their jobs

D) those who have given up looking for work, even though they would like to be employed

Explanation / Answer

(14) Option (D)

Intermediate products are those which are not the final good, and are used as an input in producing the final good.

(15) Option (D)

Discouraged workers are those who are currently unemployed, and are discouraged enough as to stop looking for work.

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