A proprietorship is

A) two or more individuals in business together.
B) a corporation that is taxed like an individual.
C) a business owned by one individual who makes all of the decisions.
D) a government-owned franchise.


Answer: C

Economics

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The nation's structural unemployment will increase when

A) bad economic policies send the economy into a recession. B) there is influx into the labor market of new college graduates. C) there is an increase in post-Christmas layoffs of workers. D) an increase in textile imports displaces older textile workers who do not have the skills necessary to find new jobs.

Economics

Monetary policy is more effective when:

a. The demand for real loanable funds has a high elasticity. b. The demand for real loanable funds has a low elasticity. c. The strength of the monetary policy does not depend on the elasticity of demand for real loanable funds. Rather, it depends on the elasticity of demand in the foreign exchange market. d. Monetary policy has no influence in the Three-Sector-Model.

Economics

Which of the following generates a supply of U.S. dollars?

A. The demand for U.S. exports to foreign countries. B. The construction of a plant abroad by a U.S. corporation. C. Chinese buyers of American aircraft. D. Foreign tourists visiting the United States.

Economics

The way that people communicate with each other using their bodies

a. consideration b. body language c. communication d. charisma

Economics