The following table is used to lookup information on a specific product. The Product ID is entered into the box and the information is returned in the green box. What would the lookup formula need to be in C5 to return the information for the Product named in B2.
Definitions:
Current Balance
The sum of the trade balance, net income from abroad, and net current transfers.
Behavioral Economists
Scholars who study the effects of psychological, cognitive, emotional, cultural, and social factors on economic decisions of individuals and institutions.
Marginal Disutility
The additional dissatisfaction or negative utility gained by consuming or producing one additional unit of a good or service.
Status Quo
The existing state of affairs; in prospect theory, the current situation from which gains and losses are calculated.
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