Even Today,microeconomic Concepts Developed by ___________ Remain Influential

question 183

Multiple Choice

Even today,microeconomic concepts developed by ___________ remain influential.

• A) Adam Smith.
• B) Alfred Marshall.
• C) David Hume
• D) John Maynard Keynes.
• E) John Stuart Mill.

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Definitions:

Net Income

Net income refers to the total profit of a company after all expenses, taxes, and costs have been subtracted from its total revenue.

Financial Asset

Any asset that is cash, an ownership interest in an entity, or a contractual right to receive or deliver cash or another financial instrument.

Pension Reserves

Funds that are set aside by a corporation or government to support its future pension obligations to its employees.

Mutual Fund Shares

Units of ownership in a mutual fund, which pools money from many investors to purchase a diversified portfolio of securities.