Answered: Economic Actions undertaken by…

Economic Actions undertaken by agreement between institutional units are called 1. Economic Flows Contracts 2. Contracts between parties 3. Transactions 4. Voluntary Transfers 5. Economic Value

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter19: Economic Growth In Developing Nations

Section: Chapter Questions

Problem 5AA

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Question

Economic Actions undertaken by agreement between institutional units are called
1. Economic Flows Contracts
2. Contracts between parties
3. Transactions
4. Voluntary Transfers
5. Economic Value

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