A firm's labor demand curve is derived from the demand for the goods and services it produces

When the BEA calculates real GDP using the average of prices in the current year and the year preceding it, and this average changes from year to year, this is called calculating GDP using

A) current-year prices. B) fixed-weight prices. C) fixed base-year prices. D) chained-weighted prices.

When one country buys more from another country than it sells to the country, it is said to be experiencing:

a. economic dualism. b. double counting. c. symmetrical trade. d. internationalization. e. bilateral trade deficit.