A retailer buys goods worth $15,000 from a manufacturer and sells it for $18,250. He adds a value of ________ to the production process
A) $15,000 B) $3,250 C) $33,250 D) $18,250
B
Economics
You might also like to view...
The real interest rate on a loan
a. is the amount that the consumer agrees to pay b. is always the same as the nominal rate c. is always greater than the nominal rate d. is only of concern when serious inflation occurs e. is the percentage increase in the lender's purchasing power that results from making the loan
Economics
The balanced budget multiplier has a range from zero to 1
Indicate whether the statement is true or false
Economics