Which represents the percentage of all U.S. businesses that are corporations, and the percentage of all goods that those corporations sell?
a. 10% of businesses; 50% of goods sold
b. 20% of businesses; 50% of goods sold
c. 20% of businesses; 90% of goods sold
d. 50% of businesses; 75% of goods sold
Ans: c. 20% of businesses; 90% of goods sold
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The liquidity preference theory distinguishes between ________
A) nominal and real quantities B) money and financial assets C) buying goods and earning interest income D) all of the above E) none of the above
Government shares in the gains to risk-bearing activities but does not _____
a. share in the losses when depreciation is straight-line b. share in the losses when the investor has no other income c. share in the losses when depreciation is accelerated d. share in the losses when capital losses are allowed
Which type of merger is most likely going to decrease competition in an industry?
a. incomplete merger b. hostile merger c. conglomerate merger d. horizontal merger e. vertical merger
The predictions of marginal utility theory
A) contradict the idea that the demand curve slopes downward. B) support the idea that the demand curve slopes downward. C) support the idea that the supply curve slopes upward. D) contradict the idea that the supply curve slopes upward.