The basic disadvantage of a proprietorship is unlimited liability
a. True
b. False
Indicate whether the statement is true or false
True
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Whenever a buyer and a seller agree to trade, both must believe they will be made better off
A) whether the buyer and seller live in the same city or different countries. B) only if the buyer and seller live in countries with market economies. C) unless one party is richer than the other. D) unless the buyer resides in a different country than the seller. International trade may make the buyer or seller worse off.
A bank's most important service is
a. making money b. providing checking account services c. organizing money flowing into accounts d. providing investment advice e. increasing the amount of cash the public holds
The neoclassical view is not especially helpful in explaining why __________ moves up and down over short time horizons of a few years.
a. demand b. unemployment c. prices d. inflation
That the migration of black middle and working class families from the ghettos removed the key social constraint against crime is a central thesis of
A. William Julius Wilson. B. Charles Murray. C. Mickey Kaus. D. Frances Fox Piven.