During 2016, Yolanda's assets equal $400,000 and her liabilities were $550,000. Yolanda's net worth is
A. -$150,000.
B. $150,000.
C. $475,000.
D. $950,000.
Answer: A
You might also like to view...
Neither the supply of nor demand for a good is perfectly elastic or perfectly inelastic. So, imposing a tax on the good results in ________ in the price received and kept by sellers and a ________ in the price paid by buyers
A) a rise; rise B) a rise; fall C) a fall; rise D) a fall; fall E) no change; rise
The supply of loanable funds is not
A. upward sloping. B. affected by people’s plans for fixed purchases. C. a function of the interest rate. D. the MRP of investment.
One implication of the median voter model is that candidates running for political office take polls because
A) everyone does it. B) they want to know if they should maintain their current positions or modify them. C) it is good public relations, since if the public learns that the candidate is taking polls, the public will feel that the candidate cares what it thinks. D) taking polls is tax deductible. E) none of the above
The word "outputs" refers to physical goods produced by businesses.
Answer the following statement true (T) or false (F)