GDP can be measured as each of the following except:
A. incomes of capital and labor.
B. total expenditure on final goods and services.
C. the market value of production.
D. total business revenues.
Answer: D
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The formation of cartels in the U.S. is illegal
Indicate whether the statement is true or false
The amount by which federal tax revenues exceed federal government expenditures during a particular year is the:
A. Federal Reserve. B. budget deficit. C. budget surplus. D. public debt.
Resources are exchanged in ________ markets.
A. factor B. product C. exchange rate D. stock
The Mexican demand for American goods leads to the demand for:
A. U.S. dollars and the supply of Mexican pesos on the foreign exchange market. B. U.S. dollars and the supply of U.S. dollars on the foreign exchange market. C. Mexican pesos and the supply of U.S. dollars on the foreign exchange market. D. U.S. dollars and Mexican pesos on the foreign exchange market.