If products similar to the intermediate good are sold, an approximation to the correct transfer price is
a. average costs
b. average fixed costs
c. average variable costs
d. the market price
d
Economics
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Refer to Table 19-21. Consider the following data for a simple economy: Calculate nominal GDP and real GDP for 2016, using 2014 as the base year. Show your work
What will be an ideal response?
Economics
The current account does not include which of the following?
A) U.S. holdings of foreign assets B) net transfers C) net exports D) net investment income
Economics