An advantage of the corporate form of business organization is
A) unlimited liability.
B) easier access to capital.
C) that profits are taxed only on one level.
D) government supervision of its activities.
B
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 
A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C
Which of the following is a topic studied in macroeconomics?
A) how the wheat industry determines how much wheat to grow B) the effect on economic growth if the government raises taxes C) the impact of labor unions on wages D) the pricing decisions in the computer hardware industry E) the impact of higher prices for gasoline on the number of SUVs people buy
The above table shows the marginal benefit from submarines for the only two citizens of a country. Submarines are a public good. If submarines cost $100 a piece to produce, what is the efficient quantity of submarines?
A) 0 B) 1 C) 2 D) 3
The joining of firms that are producing or selling a similar product is known as
A) a conglomerate merger. B) a horizontal merger. C) a vertical merger. D) economies to scale.