One advantage of a partnership is

A) lower costs.
B) they are easy to form.
C) all the profits go to the older partner.
D) they are double taxed.


B

Economics

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In the worker's leisure/consumption model, the wage is the same as the price of consumption.

Answer the following statement true (T) or false (F)

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Examples from the United States suggest that the cost to consumers per job saved in highly protected industries is low

Indicate whether the statement is true or false

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The current deficit minus net interest is called the

A) primary deficit. B) net current deficit. C) current surplus. D) primary current deficit.

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To assess whether or not a good is normal or inferior, economists are interested in the cross price elasticity of demand

a. True b. False Indicate whether the statement is true or false

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