Which of the following is operating income?

A) stockholders' equity B) explicit plus implicit costs
C) net profit D) revenue minus operating expenses

D

Economics

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How does the government determine the quota amount that will produce an efficient use of a common resource?

What will be an ideal response?

Economics

Which of the following is a belief of the monetarists?

a. They think the Great Depression was made worse by poor conduct of monetary policy. b. They do not believe monetary policy is transmitted to the economy only through its effect on interest rates and planned investment. c. They believe that the interest-investment curve is vertical. d. All of these.

Economics