Current assets minus current liabilities equals

a. profit
b. equity
c. capital
d. revenue
e. net working capital


a. profit

Economics

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A country's potential GDP is determined, in part, by

A) the Lucas Wedge. B) the Okun Ga

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When competition is present and private ownership rights are clearly defined and securely enforced,

What will be an ideal response?

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A decrease in the wages of truck drivers might be explained by which of the following factors?

A. An increase in the demand for transportation B. An increase in the price of gasoline C. An increase in competition within the trucking industry D. An increase in the cost of air freight

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LRAS2 shows a(n) ______.



a. increase in real GDP supplied
b. decrease in real GDP supplied
c. increase in price level
d. decrease in price level

Economics