Accountants and Economists differ in their calculations of profits in that the former consider
a. sunk costs
b. implicit costs only
c. explicit costs only
d. fixed costs
c
Economics
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The prevailing view of globalization is that it brings
a. coercive powers which tend to have a negative effect on developed nations. b. both significant opportunities and dangers. c. mostly dangers such as economic competition and unemployment to developing nations. d. mostly economic opportunities to both developed and developing nations.
Economics
In the above figure, what could cause the shift of aggregate demand fromAD1 to AD2?
A) depletion of raw materials B) an increase in international trade barriers C) a decrease in consumer confidence D) an increase in input prices
Economics