The excess of total credits over total debits in the current and private capital accounts is called the

Celebrity endorsements are often used by monopolistically competitive firms to boost the reputation of the product that is being endorsed

a. True b. False Indicate whether the statement is true or false

You start with a $1,000 portfolio; it loses 50% over the next year, the following year it gains 50% in value. At the end of two years your portfolio is worth:

A. $1,000. B. $950. C. $750. D. $500.