Firms are the producing units of the economy.
Answer the following statement true (T) or false (F)
True
You might also like to view...
The only mineral that was available in any significant quantity in colonial America was:
a. Gold. b. Silver. c. Iron. d. Coal.
An example of a good or service that would not count in the U.S. GDP would be:
A. a t-shirt made by The Gap in Cambodia. B. a t-shirt made by Organi-tee in Oregon. C. a TV made by Toshiba in Georgia. D. a bottle of water made by Poland Springs in Maine.
Liquidity is:
A. sufficient liabilities to cover long-run assets. B. having assets that can be readily converted into cash. C. having liabilities that can be readily converted into cash. D. sufficient assets to cover long-run liabilities.
For corporate taxes, the lowest tax bracket is
A. 9 percent. B. 12 percent. C. 15 percent. D. 22 percent.