The M2 multiplier in the United States is currently about
A) 16. B) 23. C) 4. D) 50. E) 1.
C
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Positive economics is descriptive because:
A) it is based on ethical judgments. B) its predictions cannot be verified with data. C) it prescribes what an individual or society ought to do. D) it explains what has happened or predicts what will happen.
The biggest percentage of corporate receipts in the United States is accounted for by which type of organization?
a. sole proprietorships b. small corporations c. large corporations d. small partnerships e. large partnerships
The U.S. Environmental Protection Agency estimated that communities that use the “pay-as-you-throw” program generate almost 50 percent less waste than communities where fixed fees or taxes cover the cost of curbside trash pickup.
Answer the following statement true (T) or false (F)
How can a firm stay in business if it makes no economic profit in the long run?
What will be an ideal response?