Assume the economy is operating at less than full employment. An expansionary monetary policy will cause interest rates to ________, which will ___________ investment spending

The circular flow shows that the household sector earns its income by

A) selling factors of production. B) buying factors of production. C) selling goods and services. D) selling financial assets.

Tommy's Teddy Bears incurs $300,000 per year in explicit costs and $50,000 in implicit costs. The shop earns $600,000 in revenues and has $1.1 million in net worth. Based on this information, what is accounting profit for Tommy's Teddy Bears?

A) $250,000 B) $300,000 C) $500,000 D) $1.35 million