accounting versus economic profit
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accounting versus economic profit

Economist lynde hull explained that the benefits of capital in different periods of time would be interest. According to linde hull, interest in a specific period and the difference between the expected consumption is savings (during the period of the growth of capital), and returns the sum of consumption and savings are given period of time. Above all, they can avoid meddling in parliamentary politics, as the ECB did when Italy's silvio berlusconi government collapsed in 2011. Then they can lower their heads and hope for the best. The bank of England says Britain is a European banker, and the imf welcomes the progress of Brexit - and that's what happened