The inspection of securities on hand should be coordinated with the verification of inventories because both involve counting and inspection and can conveniently be combined.

a. true
b. false

Answer: b. false

Economics

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Real GDP is GDP

A) in current-year prices. B) in base-year prices. C) in GDP-prices. D) in that year's prices.

Economics

Which of the following statements is correct?

A. Marginal utility is the cumulation or summation of total utility B. Total utility is the cumulation or summation of marginal utility C. Total utility is the product of multiplying price times marginal utility D. Total utility is the change in marginal utility as quantity consumed increases

Economics