The total market value of production in an economy must equal total:
A. profits.
B. spending on final goods and services.
C. revenues from all transactions.
D. consumption.
Answer: B
Economics
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The above figure shows the U.S. market for wheat. With international trade, the price of wheat in the United States is ________ per ton and the United States ________ wheat
A) $16; exports B) $14; exports C) $14; imports D) $16; imports E) $14; does not trade
Economics
Why do financial markets depend on accurate accounting and disclosure practices?
What will be an ideal response?
Economics