Proprietors' income is
A. the income of partnerships.
B. the income of sole proprietorships.
C. the income of unincorporated businesses.
D. the income of all businesses-incorporated and unincorporated.
Answer: C
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Refer to the figure above. The quota generates deadweight costs of
A) $10,000. B) $12,000. C) $30,000. D) $50,000.
What happens to marginal productivity as workers who are equally good at their job are added to a firm?
a. The increase in workers will eventually cause marginal product to fall. b. Marginal product will rise at a steady rate. c. Marginal product will neither rise nor fall. d. Product quality will improve as the new workers gain experience.
Where did Robert Mugabe get the money he needed for bribes and payoffs?
A. He raised income taxes. B. He printed it. C. He raised estate taxes. D. He raised taxes on corporate profits.
The Brady Plan helped to end
A. the 1997 currency crisis. B. the 1980s debt crisis. C. the European debt crisis. D. the 1991 global recession.