Assignment Instructions/ Description
Checkpoint 1 Problem 1 Question Help Checkpoint 1 Problem 1 Question Help The two types of goods and services produced are _______. An example of _______.A.consumption goods and services and capital goods;a consumption good is your iPad, and an example of a capital good is the pizza oven at a pizzeriaYour answer is correct.B.exports and imports;an export is a hotel room in the United States booked by someone from Europe, and an example of an import is a hotel room in France booked by an AmericanC.renewable goods and services and non-renewable goods and services;a renewable good is water, and an example of a non-renewable good is oilD.consumption goods and services and capital goods;a consumption service is having a cavity filled by your dentist, and an example of a capital good is a stock sold on the New York Stock Exchange_______.A.consumption goods and services and capital goods;a consumption good is your iPad, and an example of a capital good is the pizza oven at a pizzeriaYour answer is correct.B.exports and imports;an export is a hotel room in the United States booked by someone from Europe, and an example of an import is a hotel room in France booked by an AmericanC.renewable goods and services and non-renewable goods and services;a renewable good is water, and an example of a non-renewable good is oilD.consumption goods and services and capital goods;a consumption service is having a cavity filled by your dentist, and an example of a capital good is a stock sold on the New York Stock Exchange
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