The following national income statistics are in billions of dollars
Refer to the above data. Net domestic product is:
A.
$400 billion
B.
$442 billion
C.
$483 billion
D.
$517 billion
B.
$442 billion
Economics
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Which of the following paired concepts are equivalent to each other?
a) increasing returns; diseconomies of scale b) increasing returns; increasing costs c) increasing returns; decreasing costs d) increasing costs; economies of scale e) constant costs; economies of scale
Economics
MRP represents what the marginal physical product is worth
a. True b. False Indicate whether the statement is true or false
Economics