ECO 102 (ECO 102)
Chicago State University
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ECO102 principles of Macroeconomics –Tutorial questions,100% CORRECT
- Exam (elaborations) • 67 pages • 2020
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- $18.49
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1.	When a firm sells a good or a service, the sale contributes to the nation’s income 
	a.	only if the buyer of the good or service is a household. 
	b.	only if the buyer of the good or service is a household or another firm. 
	c.	whether the buyer of the good or a service is a household, another firm, or the government. 
	d.	We have to know whether the item being sold is a good or a service in order to answer the question. 
 
2.	Estimates of the values of which of the following non-market goo...