The dollar value of final output

A) is equal to total income. B) is less than total income.
C) equals profits. D) is greater than total income.

A

Economics

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The single most important observation of the book is the causal significance of aggregate demand policies for the incidence of poverty

Indicate whether the statement is true or false

Economics

A firm that generates zero economic profit usually has

A) negative business profit. B) zero business profit. C) positive business profit. D) business profit equal to half the total revenue.

Economics