The value of both exports and imports are added to the value of national product.
Answer the following statement true (T) or false (F)
False
Economics
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Consumer surplus is the difference between the maximum amount a buyer is willing to pay for a product and the price he actually pays
Indicate whether the statement is true or false
Economics
Total utility is the benefit received from consuming an extra unit of a good
Indicate whether the statement is true or false
Economics