Solved

Suppose Profits Are Less Than Zero

Question 112

Multiple Choice

Suppose profits are less than zero. From this it follows that:


A) aggregate income exceeds aggregate production.
B) the sum of employee compensation, rents, and interest exceeds aggregate income.
C) aggregate income is less than the value of final output.
D) the sum of employee compensation, rents, and interest equals aggregate income.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents