________ money could be used for some other purpose other than as a medium of exchange, for example, gold coins could be melted down and turned into gold jewelry

Mulch is shredded wood and is a by-product in the production of lumber. Because these two goods are produced together, they are

A) complements in production. B) substitutes in production. C) inputs into the same production process. D) not related. E) normal goods in production.

GDP equals $8 trillion. If consumption equals $5.5 trillion, investment equals $500 billion, and government spending equals $1.5 trillion, then:

a. exports exceed imports by $500 billion. b. imports exceed exports by $500 billion. c. net exports equal zero d. exports exceed imports by $1 trillion.