Aimee sells hand-embroidered dog apparel over the Internet. Her annual revenue is $128,000 per year, the explicit costs of her business are $42,000, and the opportunity costs of her business are $30,000. What is her accounting profit?

In general, it is easier to negotiate the purchase of noncontiguous parcels of land than it is to negotiate the purchase of similar land parcels that are contiguous

Indicate whether the statement is true or false

According to Real Business Cycle theory,

a) lack of consumer confidence causes most business cycles b) price fluctuations are unimportant because they affect nominal, not real GDP c) recessions are an optimal response to negative technology shocks d) fiscal policy is the most appropriate way to smooth out economic fluctuations e) labor supply curves are extremely steep