What is the difference between a manifest function and a latent function?

A production possibilities frontier is bowed outward when Group of answer choices the rate of tradeoff between the two goods being produced is constant.

Product costs: Select one: a. Are expenditures necessary and integral to finished products. b. Are expenditures identified more with a time period rather than with units of product. c. Include selling and administrative expenses. d.

In its most recent financial statements, Del-Castillo Inc. reported $30 million of net income and $970 million of retained earnings. The previous retained earnings were $961 million.

Deepwater Dredging Company holds itself out to others as being a corporation but makes no attempt to incorporate. Estuary Marina signs a contract with Deepwater and Deepwater fails to perform. Estuary Marina files a suit against the firm.

Suppose the economy is in a recessionary gap. to move equilibrium aggregate output closer to the level of potential output, the best fiscal policy option is to:

Tangshan China Company's stock is currently selling for $80.00 per share. The expected dividend one year from now is $4.00 and the required return is 13 percent.

18. What was a major factor in the failure of (mostly) command economies? A. Lack of voting rights B. Lack of the profit motive C. Not enough military spending D. Abundant basic goods

You are saving to buy a $188,000 house. There are two competing banks in your area, both offering certificates of deposit yielding 7.3 percent.

Has the company you're auditing recently increased or decreased their operations due to mergers or sales of parts of the business?

Tom lives in an apartment where he pays $8,000 a year in rent. Sarah lives in a house that could be rented for $10,000 a year. How much do these housing services contribute to GDP?