The output of Mexican citizens who work in Texas would be included in the
A) net national product of the United States. B) gross national product of the United States.
C) gross national product of Mexico. D) gross domestic product of Mexico.
C
Economics
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For the perfectly competitive broccoli producers in California, the market demand curve for broccoli is
A) a horizontal line. B) downward sloping. C) nonexistent. D) upward sloping. E) the same as the demand curve each firm faces.
Economics
The function of money that provides for a commonly recognized measure of value for the price system is a(n)
A) medium of exchange. B) unit of accounting. C) store of value. D) standard of deferred payment.
Economics