Nancy returns to school to study medicine. After graduating during an economic boom, she spends six months looking for a job. During this period, she is considered

Goods produced in the United States and sold in other countries are called

A) imports. B) foreign goods. C) capital goods. D) exports. E) capital account goods.

All business firms should consider their fixed costs in determining the prices they set.

Answer the following statement true (T) or false (F)