Economic Glossary | Final Good | Bankers Algo
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Do what you can, with what you have, where you are

-by Theodore Roosevelt

Series Funda

Which is the number that should come next in the following series?

4, 6, 12, 14, 28, 30, ?

Hi Guest User

Economic Glossary

    Final Good

A good (or service) that is available for purchase by the ultimate or intended user with no plans for further physical transformation or as an input in the production of other goods that will be resold. Gross domestic product seeks to measure the market value of final goods. Final goods are purchased through product markets by the four basic macroeconomic sectors (household, business, government, and foreign) as consumption expenditures, investment expenditures, government purchases, and exports. Final goods, which are closely related to the term current production, should be contrasted with intermediate goods--goods (and services) that will be further processed before reaching their ultimate user.


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Word of the day

Endeavour(v)

Meaning:

to exert oneself to do or affect something; make an effort; strive

Synonyms: aim, best shot, crash project, dry run, effort, enterprise, essay, exertion, fling, full blast

Antonyms: idleness, laziness

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The average of five consecutive odd numbers is 61. What is the difference between the highest and the lowest number?

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