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Suppose that a vaccine is developed for a highly contagious strain of flu.The likelihood that anyone will get this flu decreases as more people receive the vaccine.
-Private benefits are measured by ______ and social benefits are measured by _____.
Accounts Receivable
The money owed to a company by its customers for goods or services that have been delivered but not yet paid for.
Face Value
The nominal or dollar value printed on a security such as a bond or stock, representing its legal value.
Note
A financial instrument acknowledging debt, with terms including interest rate and repayment schedule.
Short-Term Notes Receivable
Current assets representing written promises for amounts to be received within a short period, typically within a year.
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