If you buy a commemorative Princess Diana stamp issued by the British government, the purchase is considered part of
a. C
b. I
c. G
d. X
e. M
E
You might also like to view...
Answer the question below based on the following price and output data over a five-year period for an economy that produces only one good. Assume that year 2 is the base year.YearUnits of OutputPrice per Unit18$22103315441855206If year 2 is the base year, the Consumer Price Index for year 1 is
A. 67. B. 150. C. 100. D. 50.
Ben’s Peanut Shoppe suffers a short-run loss. Ben will not choose to shut down if his business’ total revenue exceeds his:
a) capital costs. b) implicit costs. c) variable cost. d) fixed cost.
Intraindustry trade is most common in the trade patterns of
A) developing countries of Asia and Africa. B) developed countries of Western Europe. C) all countries. D) None of the above.
Institutions that make loans to borrowers and obtain funds from savers are called
A) financial markets. B) financial intermediaries. C) financial conglomerates. D) financial branches.