Question

Commodities that typically last three years or more are​ called: A. nondurable goods. B. services. C....

Commodities that typically last three years or more are​ called:

A.

nondurable goods.

B.

services.

C.

durable goods.

D.

none of the above.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Durable goods are the commodities that are built to last three years or more. Hence, the correct option is C.

Add a comment
Know the answer?
Add Answer to:
Commodities that typically last three years or more are​ called: A. nondurable goods. B. services. C....
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • b individual expenditures for nondurable goods С.individual expenditures for services none of the above 34- A...

    b individual expenditures for nondurable goods С.individual expenditures for services none of the above 34- A thirty-year U.S. Treasury bond has a 4.0 percent interest rate. In contrast, a ten-year Treasury bond has an interest rate of 3.7 percent. If inflation is expected to average 1.5 perčentage points over the next ten years and thirty years, determine the maturity risk premium (MRP) for the thirty-year bond over the ten-year bond 35. The risk-free interest rate is made up of which...

  • [5] The largest percentage of household spending is used to: A) pay taxes. B) purchase services. ...

    [5] The largest percentage of household spending is used to: A) pay taxes. B) purchase services. C) purchase durable goods. D) purchase nondurable goods. [6] An example of a durable good is: A) a haircut. B) an automobile. C) a three-week trip to Italy. D) a box of Girl Scout cookies. [7] A general partner in a partnership: A) cannot by law receive a salary. B) is the founding member of the company. C) has unlimited liability for the business'...

  • [5] The largest percentage of household spending is used to: A) pay taxes. B) purchase services....

    [5] The largest percentage of household spending is used to: A) pay taxes. B) purchase services. C) purchase durable goods. D) purchase nondurable goods. [6] An example of a durable good is: A) a haircut. B) an automobile. C) a three-week trip to Italy. D) a box of Girl Scout cookies. [7] A general partner in a partnership: A) cannot by law receive a salary. B) is the founding member of the company. C) has unlimited liability for the business'...

  • Hou housin cial Securit 600 $1750 1400 Household purchases of nondurable goods Foreign purchases of domestically...

    Hou housin cial Securit 600 $1750 1400 Household purchases of nondurable goods Foreign purchases of domestically produced goods 15. se the table for Country Z above to answer the following question. What was Country Z's investment in 2010? $2.000 b. $1,300 c. d. $3.200 None of the above 16. Use Data for Country Z in 2010 to answer the following question. Suppose that in 2011, everything Country Z except that Government Expenditures are twice as much. What is nominal GDP...

  • Answer questions S and 6 based on the following information. A, B, and C are three non-cyclical commodities traded...

    Answer questions S and 6 based on the following information. A, B, and C are three non-cyclical commodities traded on a futures exchange. On April 1, the settlement prices of their June and December 500 526 200 100 JUNE 212 106 DECEMBER Given the above price information, which of these commodities could possibly have a positive convenience value? a. Only A. b. Only B c. Only C d. A, B, and C. e. None of them. 5. 6. If the...

  • Assume an economy with only two commodities. The production possibilities curve of this economy shows: a....

    Assume an economy with only two commodities. The production possibilities curve of this economy shows: a. all possible combinations of the two commodities that can be produced by utilizing all of the society's resources. b. all possible combinations of the two commodities that a given person can buy. c. all possible combinations of the two commodities that a given person wants. d. all possible combinations of the two goods that the society as a whole wants. e. none of the...

  • [1] Household statistics include individuals living alone or in groups in: A) apartments. B) military barracks....

    [1] Household statistics include individuals living alone or in groups in: A) apartments. B) military barracks. C) college residence halls. D) all of the above. [2] Personal income is: A) per capita income, or income per person. B) household income used for spending, saving, and paying taxes. C) after-tax income available to households for spending and saving. D) household income that is available for spending after taxes and saving have been deducted. [3] Which of the following is NOT considered...

  • 14. Money market assets typically are: a. for 20 years d. all of the above b....

    14. Money market assets typically are: a. for 20 years d. all of the above b. tax free e. none of the above C. sold at a discount with the capital gain the interest 15. Most businesses get funds by: a. issuing stock d. all of the above b. borrowing from banks e. none of the above c. raising funds in the corporate bond market 16. When you lend money, you don't earn interest unless: a. you have a promise...

  • (49)Which of the following statements is true? GNP: (a)Measures the total output of final goods and...

    (49)Which of the following statements is true? GNP: (a)Measures the total output of final goods and services within a country’s economy in a year (b)Includes only goods and services produced by the citizens of a country (c)Includes intermediate inputs (d)All of the above (50)Which of the following statements is false? The monetary value of the output of $20 billion worth of cars by the Honda Corporation in India’s economy would be counted in: (a)Japan’s GNP (b)India’s GDP (c)America’s GNP (d)All...

  • The accumulating, tracking, and assigning of production costs to the goods and services produced is called...

    The accumulating, tracking, and assigning of production costs to the goods and services produced is called a A. pricing system B. managerial system C.product costing system D. manufacturing system

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT