Create an account
Dollar value of all final goods, services, and structures produced within a country's national borders during a one - year period
Payment made for the use of borrowed money; usually paid at periodic intervals for long - term bonds or loans
Stocks of goods held in reserve; includes finished good waiting to be sold and raw materials to be used in production
People with their all abilities and efforts; one of four factors of production does not include the entrepreneur
Economy system in which supply, demand, and the price system help people make decisions and allocate resources; same as free enterprise economy
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