The stock of assets owned by a person, household, firm or nation is

A) real disposable income.
B) wealth.
C) capital investment.
D) capital goods.

Answer: B) wealth.

Economics

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Consider the perfectly competitive firm in the above figure. At the profit maximizing level of output, the firm is

A) incurring an economic loss equal to $119.00. B) incurring an economic loss equal to $123.50. C) incurring an economic loss equal to $187.00. D) making zero economic profit.

Economics

With regard to transition economies what is meant by shock therapy?

What will be an ideal response?

Economics