Ayushi Asked a Question
August 11, 2020 5:07 pmpts 30 pts
63. Which of the following is excluded from the calcutation of GP? (1) A consumer purchases a mobile set from a store (2) A company produces a mobile set in a given year but it is not sold in that year (3) A businessman purchases new furniture for his office (4 A household pays income tax in a given year (1) (2) (3) (4 64. The Phillips curve under the assumption of rational expectations is (1 downward sloping in short run, vertical in long run (2) always downward sloping (3) always vertical 4) T1one of the above
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  • Anonymous User thankyou
    Gross profit = Revenue - Cost of Goods Sold (4) A household pays income tax in a given year
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  • Anonymous User
    as income tax is personal expense not companies expense
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  • Ayushi
    what is the answer of question 64 ?
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