The statement of assets and liabilities of an entity is referred to as:
A) the balance of payments. B) a balance sheet.
C) an asset-liability sheet. D) a profit and loss statement.
B
Economics
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What generates economic growth?
What will be an ideal response?
Economics
Suppose that a firm operating in perfectly competitive market sells 300 units of output at a price of $3 each. Which of the following statements is correct? (i) Marginal revenue equals $3. (ii) Average revenue equals $3. (iii) Total revenue equals $900
a. (i) only b. (iii) only c. (i) and (ii) only d. (i), (ii), and (iii)
Economics