The value of a producer's output minus the value of all ...

[evelyn o bentley]

The value of a producer's output minus the value of all intermediate goods used in the production of that output is called the producer's
 
  A) net output.
  B) accounting profit.
  C) value added.
  D) profit margin.

Question 2

________ might cause the borrowing constraint to become non-binding, even though the consumer still cannot borrow.
 
  A) An increase in future (expected) income
  B) An increase in the real interest rate
  C) A decrease in current income
  D) A decrease in the real interest rate

[Li Jun]

Answer to Question 1

C

Answer to Question 2

B

[evelyn o bentley]

Correct answers!

[Li Jun]

Great! Please up vote