Which of the following is the most common form of a business organization?

A) corporation
B) partnership
C) sole proprietorship
D) subchapter S corporation


C

Economics

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If velocity is 6 and the quantity of money is $2 trillion, what is nominal GDP?

A) $12 trillion B) $6 trillion C) $3 trillion D) $333 billion

Economics

In the bond market, the bond demanders are the ________ and the bond suppliers are the ________

A) lenders; borrowers B) lenders; advancers C) borrowers; lenders D) borrowers; advancers

Economics

In order to be a public good a good must be both a collective consumption good and be nonexcludable

a. True b. False

Economics

Which of the following products is most likely to be sold in a monopolistically competitive market?

A) fast food B) automobile C) wheat D) electricity

Economics