If the death of an owner causes the firm to dissolve, the firm must have been
A. a proprietorship only.
B. a partnership only.
C. either a proprietorship or a partnership.
D. a corporation only.
Answer: C
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Of the following OECD countries, which spends the most on health care when measured as a percentage of GDP?
A) the United Kingdom B) Japan C) Canada D) the United States
A movement along the aggregate production function is the result of a change in
A) the quantity of labor. B) technology. C) capital. D) interest rates.
When an economy is at its natural rate of unemployment, which of the following will be true?
A) Only structural unemployment as a result of technological change will exist in the economy. B) The labor force participation rate will be 100%. C) The unemployment rate will be greater than 0%. D) The unemployment rate will be 0%.
State bank notes usually had a face value that was ______ their market value, while the notes of the First Bank of the U.S. usually had a face value that was ______ their market value
a. greater than; less than b. less than; greater than c. equal to; less than d. greater than; equal to