Kevin Jackson Owns a General Contracting Company

question 57

Multiple Choice

Kevin Jackson owns a general contracting company. The way Kevin prices his services is to figure his cost and then add a 33 percent markup. The method that Kevin uses to determine his prices is called ________-based pricing.

• A) economic
• B) value
• C) competitive
• D) cost
• E) conformity

Understand the relationship between government budget balances and real interest rates.

Comprehend how changes in government budget affect domestic investment and net capital outflow.

Grasp the concept of net capital outflow and its independence or dependence on the real exchange rate.

Analyze the effects of fluctuations in the exchange and interest rates on the open-economy macroeconomic model.