In the analysis of potential GDP, labor and capital are considered
A. inputs.
B. final goods and services.
C. byproducts of economic growth.
D. outputs.
Answer: A
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Checking deposits are included in
A) M1 only. B) M2 only. C) M1 and M2. D) neither M1 nor M2.
Which of the following is an example of an implicit cost a firm might incur?
A) the wages paid to employees B) the payment for medical insurance coverage C) the opportunity cost to investors of the funds invested in the firm D) utility payments
Refer to the information provided in Table 21.1 below to answer the question(s) that follow. Table 21.1
Refer to Table 21.1. The value for net exports in billions of dollars is
A. 150. B. 250. C. 650. D. 800.
The ___ helps marketers see how each controllable element interacts with the consumers response process
Fill in the blank(s) with the appropriate word(s).