The selling prices of goods and services in the open market is called the _______ value.

a. exchange
b. sale
c. money
d. risk
e. none of the above

Answer is a. exchange

Economics

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________ adopts the view that aggregate fluctuations are a natural consequence of an expanding economy

A) The new macroeconomics B) The Okun Gap C) Keynesian economics D) The Lucas Wedge E) Classical macroeconomics

Economics

Long-run market supply curves are downward sloping if

A) firms are identical. B) the number of firms is restricted in the long run. C) input prices fall as the industry expands. D) All of the above.

Economics