Approximately what percentage of food stamps are issued to individuals who are not entitled to them?
a. 5 percent
b. 15 percent
c. 25 percent
d. 35 percent
Question 2
If a firm traded on the New York Stock Exchange posts an accounting profit of 10 million, then the firm is making a positive economic profit
A) only if the Securities and Exchange Commission (SEC) approves the accounting report.
B) only if the firm's opportunity cost is less than 10 million.
C) only if the firm's opportunity benefit is more than 10 million.
D) only if the firm's management receives stock compensation.