When a firm has economic profits equal to zero
A) the firm is earning a normal rate of return on investment.
B) the firm is not earning a normal rate of return on investment.
C) the firm should shut down.
D) the firm's accounting profits are also zero.
A
Economics
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As productive capital goods are established in developing nations
A) developed nations will become less prosperous. B) these countries will experience higher rates of economic growth. C) portfolio investment will be replaced by loans from international aid agencies. D) they will be less likely to engage in international trade.
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Recent studies have shown that NAFTA has had a tremendous negative impact on the economic welfare of the U.S
Indicate whether the statement is true or false
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