Sole proprietorships are ________ type of business
A) the most common B) the least risky C) the most profitable D) the least common
A
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What is the benefits-received principle? What are two arguments against this principle?
What will be an ideal response?
______________ stabilizers are programs that are already laws that stimulate aggregate demand in a recession and hold down aggregate demand in a potentially inflationary period.
a. Automatic b. Temporary c. Planned d. Economic
In the situation of hyperinflation in a modern economy, people can switch to _____
a. fiat money b. near money c. fiduciary money d. commodity money
In 1931, a politician was paid a salary of $75,000. Government statistics show a consumer price index of 15.2 for 1931 and 195 for 2005. The politician’s 1931 salary was equivalent to a 2005 salary of about
a) $962,171 b) 1,125,008 c)1,154,262 d)1,455,995