Actual expenditure is to planned expenditure as ________ is to ________

A) desire; accomplishment
B) aggregate demand; aggregate supply
C) output; income
D) observed; theoretical
E) fluctuation; equilibrium

D

Economics

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If opportunity costs are ignored: a. all firms will show accounting profits

b. all firms will appear to incur economic losses. c. firms will still make profit-maximizing production decisions. d. firms experiencing economic losses may appear to be profitable.

Economics

If the number of laborers is 200 and the capital stock is $20,000 . the capital-labor ratio is

a. $1/100 b. $100 c. $20,100 d. $4,000,000 e. $19,900

Economics