In the mainstream economic perspective, the role of the government is to:

A. Pass laws that protect worker rights and income.

B. Pass laws that protect employer interests.

C. Pass laws that promote competition.

D. Pass laws that promote good management policies.


C. Pass laws that promote competition.

Business

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The balance in a bond discount account should be reported on the balance sheet as a deduction from the relatedbonds payable

a. True b. False Indicate whether the statement is true or false

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Location is the single most valuable economic indicator of potential for industrial products

Indicate whether the statement is true or false

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The database approach to data management is sometimes called the flat file approach

Indicate whether the statement is true or false

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When a firm has accumulated losses, rather than profits, the Retained Earnings account is typically called:

a. Negative cash balance b. Ordinary Loss c. Accumulated Excess d. Accumulated Deficit e. Insolvency

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