The process of calculating revenue and expenses through receipts and other facts to determine what the numbers are for a company or entity is known as
a. finance
b. budgeting
c. economics
d. accounting
e. none of these
d. accounting
Economics
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If a person has a comparative advantage in some activity, she must have an absolute advantage in that activity as well
Indicate whether the statement is true or false
Economics
Henry George advocated a single tax on:
A. real capital. B. entrepreneurial profits. C. land. D. labor income.
Economics
The aggregate expenditure curve tells how much market participants desire to spend at different income levels.
Answer the following statement true (T) or false (F)
Economics
What is a deadweight loss or tax burden associated with a tax?
What will be an ideal response?
Economics