Marvin's Metal Company produces screws that it sells to Ford, which uses the screws as a component of its cars. In the national income accounts, the screws are classified as
A) inventory.
B) final goods.
C) capital goods.
D) intermediate goods.
D
Economics
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Which of the following is correct?
a. In Lebos, the opportunity cost of producing one unit of food is equal to one unit of clothing. b. In Slavia, the opportunity cost of producing one unit of food is equal to two units of clothing. c. The opportunity cost of producing food in Lebos is less than the opportunity cost of producing food in Slavia. d. All of the above are correct.
Economics
The formula for the CPI is 100 times
What will be an ideal response?
Economics