Answer 3.2 3.3 and 3.4 3.2.There are different types of goods and services in the economy. Explain the differencebetween the following goods and provide relevant examples of each.3.2.1. Intermediate goods versus final goods.3.3.Economic systems aim to address three central economic questions. List and providea short discussion of the three central economic questions3.4.Consumer goods are goods that are used or consumed by individuals or householdsto satisfy wants. Discuss and provide an example of the different categories ofconsumer goods.

3.2. There are different types of goods and services in the economy. Explain the difference between the following goods and provide relevant examples of each. 3.2.1. Intermediate goods versus final goods.

3.2. There are different types of goods and services in the economy. Explain the difference between the following goods and provide relevant examples of each. 3.2.1. Intermediate goods versus final goods.

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter2: Thinking Like An Economist

Section: Chapter Questions

Problem 4PA

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Question

Answer 3.2 3.3 and 3.4

3.2.
There are different types of goods and services in the economy. Explain the difference
between the following goods and provide relevant examples of each.
3.2.1. Intermediate goods versus final goods.
3.3.
Economic systems aim to address three central economic questions. List and provide
a short discussion of the three central economic questions
3.4.
Consumer goods are goods that are used or consumed by individuals or households
to satisfy wants. Discuss and provide an example of the different categories of
consumer goods.

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