In a world of imperfect knowledge and uncertainty, the return to investors who undertake projects that increase the value of resources is called
a. economic profit.
b. accounting profit.
c. the inflationary premium.
d. the real interest rate.
A
Economics
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All of the following shift the aggregate demand curve to the right EXCEPT
A) an increase in expected future profit. B) an increase in foreign income. C) an increase in government expenditure. D) an increase in taxes. E) an expansion of the global economy.
Economics
A rule that specifies the highest price that a regulated firm is permitted to set is called
A) rate of return regulation. B) price cap regulation. C) maximum price regulation. D) average/marginal cost pricing.
Economics