This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A firm's accounting profit is measured as A) operating expenses minus revenue. B) revenue minus ... (Read 83 times)

mikaylakyoung

  • Hero Member
  • *****
  • Posts: 531
on: Jun 29, 2018
A firm's accounting profit is measured as
 
  A) operating expenses minus revenue.
  B) revenue minus operating expenses and taxes paid.
  C) revenue plus operating expenses minus taxes paid.
  D) net worth minus economic profit.

Question 2

The ________ is a measure of the price level and is calculated by dividing ________ by ________ and multiplying by 100.
 
  A) CPI; real GDP; nominal GDP
  B) PPI; nominal GDP; real GDP
  C) PPI; real GDP; nominal GDP
  D) GDP deflator; nominal GDP; real GDP
  E) GDP deflator; real GDP; nominal GDP


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ebe

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


mikaylakyoung

  • Member
  • Posts: 531
Reply 2 on: Jun 29, 2018
Excellent

okolip

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Marine myths measured Marine myths measured
Testing an oxygen sensor using a DMM set on DC volts. With the engine operating in closed loop, ... Testing an oxygen sensor using a DMM set on DC volts. With the engine operating in closed loop, ...
Start the fuel injector cleaning process by bringing the vehicle’s engine up to operating ... Start the fuel injector cleaning process by bringing the vehicle’s engine up to operating ...
Particles measured, 1970 - 2008 and Trend in Organic Compound 1990 - 2007 Particles measured, 1970 - 2008 and Trend in Organic Compound 1990 - 2007
Development Accounting Development Accounting
E9-23 Prepare income statements Explain the difference in operating income E9-23 Prepare income statements Explain the difference in operating income
Video: Kinetic parameters & Kinetic experiment

For a complete list of videos, visit our video library