Macroeconomics does not study this aggregate
A. GDP.
B. inflation.
C. happiness.
D. unemployment.
Answer: C
Economics
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Accounting profit equals
a. explicit costs minus implicit costs b. economic profit minus implicit costs c. economic profit minus explicit costs d. economic profit minus explicit costs and implicit costs e. economic profit plus implicit costs
Economics
Which of the following probably has the shortest long run?
a. a law firm b. a steel mill c. an automobile plant d. a tire factory e. an aircraft engine factory
Economics