When they first appeared in the U.S., corporations did not have all the advantages that they have today. For example, early corporations:
a. had to be re-chartered upon the death of a shareholder.
b. were taxed at a higher rate than sole proprietorships and partnerships.
c. did not have the legal protection of limited liability.
d. were not allowed to have more than 12 shareholders.
e. All of the above.
c. did not have the legal protection of limited liability.
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President Obama would generally advocate increased spending when the economy needs stimulus and increased taxation when the economy needs to be restricted
a. True b. False Indicate whether the statement is true or false
Hot dogs and hot dog buns are complements. If the price of a hot dog falls, then Question 15 options:
A. the demand for hot dogs will increase. B. the quantity demanded of hot dogs will decrease. C. the demand for hot dog buns will increase. D. the demand for hot dog buns will decrease.
The largest Federal Reserve District geographically is serviced by:
A. the Reserve Bank in San Francisco. B. the districts are divided fairly equally. C. the Reserve Bank in Chicago. D. the Reserve Bank in New York.
In the 1970s and 1980s, Walmart entered several markets outside of its home base of Arkansas. As a result, it brought lower prices on a variety of goods. The Bureau of Labor Statistics did not send its shoppers into these new stores until there was a new survey, leading to the CPI
A. understating inflation because they were missing "when people shop." B. overstating inflation because they were missing "where people shop." C. understating inflation because they were missing "where people shop." D. overstating inflation because they were missing "when people shop."