Imports are goods and services bought domestically
A) and resold at a profit. B) and not subject to tariffs.
C) and produced domestically. D) but produced in other countries.
D
Economics
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The marginal product of capital (MPK) measures ________
A) by how much output increases for each additional unit of capital B) by how much capital increases for each additional unit of output C) by how much capital increases for each additional unit of labor D) by how much total factor productivity increases for each additional unit of capital E) none of the above
Economics
Both the principles of rivalry and mutual excludability apply for club goods
a. True b. False Indicate whether the statement is true or false
Economics