In the U.S. economy, corporations account for about 18 percent of the firms and about 82 percent of the total sales revenue.

Answer the following statement true (T) or false (F)


True

Economics

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Command economies are never effective at organizing the production and distribution of goods and services

Indicate whether the statement is true or false

Economics

Give a brief description of the history of tariffs in the United States

What will be an ideal response?

Economics

________ is the narrowest monetary aggregate that the Fed reports

A) M0 B) M1 C) M2 D) M3

Economics

Elasticity measures

A) the slope of a demand curve. B) the inverse of the slope of a demand curve. C) the percentage change in one variable in response to a one percent increase in another variable. D) sensitivity of price to a change in quantity.

Economics