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Author Question: If an individual receives 10,000 after two years by investing 10,000 today, we can conclude that ... (Read 50 times)

rosent76

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If an individual receives 10,000 after two years by investing 10,000 today, we can conclude that ________.
 
  A) the rate of inflation is zero
  B) the market rate of interest is zero
  C) the rate of inflation is negative
  D) the market rate of interest is negative

Question 2

Total revenue minus total cost is
 
  A) an incorrect definition of profit.
  B) the correct definition of profit.
  C) the economist's definition of profit.
  D) the government's definition of profit.
  E) the most common definition of profit.



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upturnedfurball

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Answer to Question 1

B

Answer to Question 2

E




rosent76

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


jojobee318

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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