Which type of firm produces the largest share of manufacturing output?
A) proprietorships only
B) partnerships only
C) corporations only
D) Proprietorships and corporations are tied.
C
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Fixed investment is typically ________
A) smaller than inventory investment B) calculated as the change in holdings of raw materials and finished goods C) planned spending on equipment, structures, and new residential housing D) all of the above E) none of the above
What is the best response of Vendor B to Vendor A pricing high?
a. Also price high b. Price low c. Leave the market d. All of the above
If a Central Bank wishes to reduce the supply of money, it should:
(a) Reduce the reserve requirement. (b) Raise the reserve requirement. (c) Instruct banks to reduce their savings rates. (d) Do all of the above.
If a country has a trade surplus then
a. S > I and Y > C + I + G. b. S > I and Y < C + I + G. c. S < I and Y > C + I + G. d. S < I and Y < C + I + G.