________ account for the largest portion of all firms; ________ account for most of the total revenue received by businesses
A) Proprietorships; partnerships
B) Proprietorships; corporations
C) Partnerships; corporations
D) Corporations; proprietorships
B
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If the Fed sells $100 million of U.S. government securities, what happens to the quantity of money?
What will be an ideal response?
A tax inversion merger ________ legally reduce the combined firms' taxes and these mergers ________.
A) can; are only horizontal mergers B) cannot; are only vertical mergers C) can; can be horizontal or vertical mergers D) cannot; can be horizontal or vertical mergers
Moral hazard:
A. is about the unobserved actions of people. B. is about the unobserved characteristics of people. C. occurs before the parties have entered into an agreement. D. None of these statements is true.
Which of the following economies has the largest multiplier?
A. Economy A with an MPS of 0.08 B. Economy B with an MPS of 0.12 C. Economy C with an MPC of 0.94 D. Economy D with an MPC of 0.70