Author Question: If a firm is earning negative economic profits, it implies a. That the firm's accounting profits ... (Read 77 times)

faduma · **on:** Jul 1, 2018

If a firm is earning negative economic profits, it implies
a. That the firm's accounting profits are zero
b. That the firm's accounting profits are positive
c. That the firm's accounting profits are negative
d. More information is needed to conclude about accounting profits

Question 2

Due to a recession in the US, the average rate of return on investments is likely to fall causing the US dollar to
a. Appreciate
b. Depreciate
c. Not change in value
d. None of the above