The cost of producing a good or service that is paid by people other than the producers is
A) the marginal cost.
B) represented by the demand curve.
C) represented by the supply curve.
D) an external cost.
D
Economics
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Which of the following factors that affect our well-being does GDP fail to adequately account for?
a. changes in the quality of goods b. externalities c. leisure d. all of the above
Economics
In 2016 the U.S. dollar was involved in 88 percent of all foreign exchange transactions.
Answer the following statement true (T) or false (F)
Economics