Posted by: Pdfprep
Post Date: February 26, 2021
The following table shows the profits of a business and an index of the general price level for 4 years
How does the level of real (inflation adjusted) profits in 20X4 compare to those of 20X1 ?
A . + $l8m
B . + $12.5m
C . + S3m
D . + $0-6m
Answer: B