A car insurance company pays 90% of the total damage in case of an accident. This is an example of ________

At the time of the South Korean financial crisis, the merchant banks were

A) almost virtually unregulated. B) subject to heavy government regulation. C) engaged in long-term lending to the corporate sector. D) restricted to long-term foreign borrowing.

A firm that has positive economic profits has accounting profits that are

A) zero. B) positive. C) negative. D) indeterminate without more information.