accounting profit is equal to total revenue minus
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accounting profit is equal to total revenue minus

Because China's mainstream economics mechanical property right understanding into property of power based on stock, so, in the name of the Chinese norm of the reform of property right will be the eye looks at on the stock of state-owned assets, simple and ridiculous "privatisation" scheme, clear property rights is approximate to "privatization". It was a misreading of coase, a misreading of alchin and even an insult to them. The precise description of property rights should be the right to clarify individual pursuit of wealth. To do this, monetary and fiscal policymakers must work together, including letting the central bank liquidate its budget deficit in extreme circumstances. But central bank independence is an obstacle, not a help, in working with the financial sector. Some western economists believe that enterprises as an organizational form of production are, in part, an alternative to the market.