Author Question: If an individual receives 10,000 after two years by investing 10,000 today, we can conclude that ... (Read 49 times)

rosent76 · **on:** Jun 29, 2018

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.