Financial intermediation supports economic growth and development by bringing together numerous savers and investors in growing and increasingly complex markets

There are no indisputable principles of tax equity

a. True b. False

A young chef is considering opening his own sushi bar. To do so, he would have to quit his current job, which pays $20,000 a year, and take over a store building that he owns and currently rents to his brother for $6,000 a year. His expenses at the sushi bar would be $50,000 for food and $2,000 for gas and electricity. What is the sum of his explicit costs?

A. $26,000. B. $66,000. C. $78,000. D. $52,000.