Since 1960, total federal outlays as a share of GDP was the highest in 2008–2009
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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As a form of business, a sole proprietorship
A) cannot issue stock. B) has limited liability. C) has the most government rules and regulations affecting it. D) has more than one owner.
Economics
Refer to Table 19-28. Based on the table above, what is national income for this economy?
A) $1,950 billion B) $2,250 billion C) $2,950 billion D) $3,550 billion
Economics
? Output (units) 0 1 2 3 4 5 Total Revenue ($) 0 9 16 21 27 31 Total Cost ($) 10 12 15 19 26 35To maximize its profits, the firm described in Table 8-1 should produce ____ unit(s) of output.
A. 1 B. 2 C. 3 D. 4
Economics
What is the present value of $100 two years from now at an interest rate of 5%?
A. $95.24 B. $5 C. $105 D. $90.70
Economics