The form of business organization responsible for generating the greatest portion of business revenues in the United States is the
A) corporation.
B) dual proprietorship.
C) proprietorship.
D) partnership.
A
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Part of the surplus lost to market participants when a tax is imposed is:
A. transferred to others who are affected. B. transferred to the government in revenues. C. redistributed from seller to buyer. D. redistributed from buyer to seller.
No currency ever appreciated or depreciated under the Bretton Woods system as it was based on a system of fixed exchange rates
a. True b. False Indicate whether the statement is true or false
Demand-side inflation is usually accompanied by increasing real GDP, while supply-side inflation is usually accompanied by falling real GDP
a. True b. False Indicate whether the statement is true or false
The accuracy of the unemployment rate is criticized because:
A. people under 16 years of age and over 70 years of age are excluded from the data. B. people who would like to work but have given up trying to find work are not included in the number of unemployed people. C. unemployed homemakers and students who are not actively seeking employment are not included in the number of unemployed people. D. it fails to indicate how many people work at more than one job.