Economic profit equals
A) NOPAT less capital charges.
B) NOPAT plus capital charges.
C) NOPAT plus interest payments on bonds.
D) NOPAT minus accounting profit.
A
Economics
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Technology is defined as
A) new innovations and creations. B) the process of developing and revising models. C) the process of recycling products. D) the processes used to produce goods and services.
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If the amount of money in circulation is $400 billion and the nominal GDP is $800 billion, the velocity of money is
a. 0.5. b. 2. c. 4. d. 8.
Economics