In national income accounting, a "final good" is
A) a finished product.
B) something purchased with the goal of further resale.
C) something purchased by an ultimate user in the household, business, or government sector.
D) something that is impossible to determine.
C
Economics
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Evidence exists that countries with the most open economies tend to have more stringent environmental regulations
a. True b. False Indicate whether the statement is true or false
Economics
Refer to the above graph. When the quantity of product X sold increases from 8,000 to 10,000, the price elasticity of demand for product X over that range is:
A. inelastic. B. elastic. C. unit-elastic. D. perfectly inelastic.
Economics