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An example of a final good, according to the final goods expenditures approach in measuring GDP, would be:

A. the soy milk sold to Starbucks
B. the whipped cream sold to Starbucks
C. a soy latte sold by Starbucks to a student
D. the coffee beans sold to Starbucks

Answer :

According to the final goods expenditures approach in measuring GDP, the example of a final good would be a soy latte sold by Starbucks to a student.

The correct option is c. a soy latte sold by Starbucks to a student

In the final goods expenditures approach, only final goods and services that are directly consumed by end-users are included in the calculation of GDP. Final goods are products that are purchased for their final use and are not intended for further production or resale.

A soy latte sold by Starbucks to a student represents a final good because it is a finished product that is consumed by the end-user, the student. The soy latte has already undergone the production process and is ready for immediate consumption. It is not used as an input for any further production or resale.

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