What is the difference between interest and profit? Who earns interest and in return for what contribution

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What is the difference between interest and profit? Who earns interest and in return for what contribution to production? Who earns economic profit and in return for what contribution to production?

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Economics Principles and Policy

ISBN: 978-0538453653

12th edition

Authors: William J. Baumol, Alan S. Blinder

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Question Posted: Apr 12, 2016 07:18 AM

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What is the difference between interest and profit? Who earns interest and in return for what contribution

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To conclude I can say that interest is the ret...View the full answer

Economics Principles and Policy

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