One thing that is not true about cooperatives is that they

a. put out raw materials, like wool and cotton, to rural households that turn it into finished products
b. pool resources to buy and sell more efficiently
c. try to minimize costs
d. operate with limited liability of members
e. enjoy tax-exempt status

A

Economics

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When a U.S. company purchases $1 million worth of French cheese, the value of that transaction is recorded in the

A) current account. B) capital and financial account. C) transfer account. D) investment account. E) goods account.

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The largest dollar amount of GDP is

a) rental payements b) government expenditures on goods and services c) profit d) net exports e) wages and salaries to employees

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