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Implicit in the new Keynesian theory is that individuals form their expectations adaptively.
Net Operating Income
A measure of a company's profitability that excludes non-operating income and expenses, such as interest.
Operating Assets
Assets used in the day-to-day operations of a business, contributing to the generation of revenue.
Turnover
A financial metric indicating the rate at which inventory is sold or the rate at which employees leave and are replaced in a business.
Net Operating Income
The profit a company generates from its operations, excluding taxes and interest, calculated as revenues minus expenses.
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