Examlex
Which of the following statements is FALSE?
Commodity 1
A basic good used in commerce that is interchangeable with other goods of the same type, typically referred to when discussing market transactions.
Units of Y
A placeholder term generally referring to quantities or measurements of a variable Y.
Units of X
A measure or quantity of a particular good, product, or factor of production expressed as a discreet unit for analysis or transaction purposes.
Income
The amount of money received by an individual or entity in exchange for labor or services, from investments, or from other sources.
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