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natita [175]
3 years ago
14

The condition of a country's ____ depends on its people's ability to exchange money for goods and services.

Business
2 answers:
Troyanec [42]3 years ago
6 0
<span>The condition of a country's economy </span><span>depends on its people's ability to exchange money for goods and services. </span>
inna [77]3 years ago
3 0

I believe the answer is: Economy

Economic growth in a country is measured with something called GDP (Gross Domestic Product) . GDP is calculated by counting all goods and services that produced by the nations in one year. Assuming that the market is in an equilibrium, the amount of GDP usually really close to people's purchasing power (ability to exchange money for goods and services.)

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If they cannot successfully collude and instead produce where the market price equals marginal cost, the market price will be higher.

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The price at which a good or service can currently be purchased or sold is known as the market price. The dynamics of supply and demand influence the market price of a good or service. The market price is the cost at which the quantity supplied and the quantity demanded are equal.

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