The textbook defines a "large" business as having assets in excess of
A) $50 million.
B) $150 million.
C) $500 million.
D) $1 billion.
B
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An example of a nonrenewable resource is
a. labor b. capital c. entrepreneurship d. iron ore e. automobiles
Cameron lives in an apartment building and gets a $700 benefit from playing his stereo. Renee, who lives next door to Cameron and often loses sleep due to the music coming from Cameron's stereo, bears a $1,000 cost from the noise. At which of the following offers from Renee could both Renee and Cameron benefit from the silencing of Cameron's stereo?
a. $250 b. $550 c. $750 d. $1,020
You put money into an account and earn an after-tax real interest rate of 2.5 percent. If the nominal interest rate on the account is 8 percent and the inflation rate is 2 percent, then what is the tax rate?
a. 28.00 percent b. 36.25 percent c. 43.75 percent d. 67.50 percent
The decade that had the most stagflation was the
A. 1940s. B. 1950s. C. 1960s. D. 1970s.