In what sense are profit and loss signals?
A) They signal resources where to move.
B) They signal what goods consumers may want to buy and what goods they may not want to buy.
C) They are important for government and business accounting procedures.
D) a and b
Correct Answer:
Verified
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Q80: The term "present value" refers to
A)how much
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Q82: An increase in the anticipated (or expected)
Q84: Which of the following statements is true?
A)When
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Q86: If the nominal rate of interest is
Q87: Uncertainty
A)is the result of economic rent seeking.
B)is
Q88: Pure economic rent is
A)the payment to factors
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