In general, which form of business organization has the greatest capacity to raise large sums of financial capital?
A) sole proprietorships
B) partnerships
C) limited partnerships
D) corporations
Answer: D
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The impact of a decrease in the wage rate on labor supply will be represented by ________, assuming all else equal
A) a rightward shift of the labor supply curve B) an upward movement along the labor supply curve C) a leftward shift of the labor supply curve D) a downward movement along the labor supply curve
Hyperinflation is caused by
A) the money supply growing more slowly than GDP. B) Real GDP growing more rapidly than the money supply. C) a constant increase in the money supply. D) a high rate of growth in the money supply.
Unlike an internally held public debt, an externally held public debt
a. cannot pass the debt burden on to future generations b. can pass the debt burden on to future generations c. expires upon maturity d. cannot be reduced because foreigners hold the debt e. causes crowding out
About one out of every _________ Hispanics is poor.
Fill in the blank(s) with the appropriate word(s).