- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 10. Aggregate Output, Prices, and Economic Growth
- Subject 1. Gross Domestic Product
CFA Practice Question
Which of the following is an example of an intermediate product?
B. A share of IBM stock
C. The lumber produced by Boise Cascade and sold to a builder of new houses
D. An antique car sold to the highest bidder
A. A pair of skis sold by a sporting goods retailer to a skier
B. A share of IBM stock
C. The lumber produced by Boise Cascade and sold to a builder of new houses
D. An antique car sold to the highest bidder
Correct Answer: C
Intermediate products are products used as inputs in the production of some other product.
User Contributed Comments 1
| User | Comment |
|---|---|
| really | B is also not a final product |