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Accounting Profit Is ________ and Is Equal to ________

Question 33

Multiple Choice

Accounting profit is ________ and is equal to ________.


A) income paid to capital; r*K*
B) zero; the real interest rate
C) equal to two-thirds of national income; r*
D) the same as economic profit; zero
E) equal to one-third of the labor income; r*L*

Correct Answer:

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