Total revenue is the amount:
A. a firm receives from the sale of goods and services.
B. a firm keeps after all expenses are paid.
C. of sales that get reinvested in the firm.
D. a firm receives from dividends.
A. a firm receives from the sale of goods and services.
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The self-correcting tendency of the economy means that rising inflation eventually eliminates:
A. unemployment. B. exogenous spending. C. recessionary gaps. D. expansionary gaps.
As of 2008, which of the following countries had a female literacy rate of less than 50%?
a. India b. Greece c. Finland d. Ethiopia e. Namibia
Reducing existing tariffs on tomatoes would: a. reduce imports of tomatoes
b. increase U.S. consumption of domestically produced tomatoes. c. decrease total U.S. consumption of tomatoes. d. none of the above
When the risk factor associated with a stock increases, the expected rate of return increases.
Answer the following statement true (T) or false (F)