Total Revenue Minus Only Implicit Costs Is Called

question 286

Multiple Choice

Total revenue minus only implicit costs is called

• A)accounting profit.
• B)economic profit.
• C)opportunity cost.
• D)None of the above is correct.

Understand and apply Java's memory management, including garbage collection.

Implement file input/output operations in Java programs.

Recognize and correctly use Java's numeric formatting methods.

Differentiate between correct and incorrect instantiations and method calls in Java.

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Definitions:

Inflation Rate

The inflation rate is the percentage increase in the general price level of goods and services in an economy over a period of time.

Exchange Rate

The price of one country's currency in terms of another's, used in international trade and investment.

Spot Rate

The current market price at which a particular asset can be bought or sold for immediate delivery and payment.

Covered Interest Arbitrage

A strategy in which an investor uses a forward contract to hedge against exchange rate risk when investing in foreign interest-bearing instruments.