An economic profit is
A) an opportunity cost of the company.
B) a cost that is always measured by the accountant.
C) the amount of profit an accountant calculates for a company.
D) not the same as the company's normal profit.
D
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In an open economy, the real level of U.S. exports and the quantity of RGDP demanded ______ the price level
a. Move in the same direction as b. Move in the opposite direction from c. Are not affected by d. Have an indeterminate relationship with
Crazy Cryptography is a software corporation that has 1,000 shares of stock in existence. The corporation has just surprised the market by announcing a new software package that will increase the company's after-tax profit by $500,000 each year, forever. If the interest rate is 8 percent (0.08) per year, by how much will the value of a single share of stock increase?
a. $500.00 b. $6,250.00 c. $5,000.00 d. $10,000.000 e. $8,333.33
A firm's total cost of production is the
a. employees' opportunity cost b. owners' opportunity cost c. owners' opportunity cost minus the employees' opportunity cost d. owners' opportunity cost plus the employees' opportunity cost e. employees' opportunity cost minus the owners' opportunity cost
Unemployment insurance payments act as automatic stabilizers by:
A. allowing for more consumer spending during prosperity. B. making the unemployment rate worse during a recession. C. allowing for more consumer spending during a recession. D. changing the Phillips curve to a Laffer curve.