Classify each of the following items as a final
good or service or an intermediate good or
service and identify which is a component of
consumption expenditure, investment, or government expenditure on goods and services:
■ Banking services bought by Loblaws.
■ Security system bought by the TD Bank.
■ Coffee beans bought by Tim Hortons.
■ New coffee grinders bought by Second Cup.
■ Starbucks grande mocha frappuccino bought
by a student at a campus coffee bar.
■ New helicopters bought by Canada’s army.
Use the figure in Problem 2 to work Problems 12
and 13.