On a time-series graph, time is typically shown
A) as an area.
B) along the x-axis.
C) along the y-axis.
D) as an implicit variable held constant.
B
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For economic freedom to exist,
A) copyright laws must be abolished and markets supervised by the government. B) democracy must exist. C) human capital must be given away free. D) property rights must be protected and markets must be free. E) money must be free.
Which of the following types of business organization have limited liability? I. proprietorship II. partnership III. corporation
A) I, II only B) II, III only C) III only D) I, II, III
Of all financial intermediaries which holds the most assets?
A) pension funds B) commercial banks C) insurance companies D) hedge funds
If the price of one good increases, and as a result the demand for another good increases, the goods are
A) substitutes. B) normal goods. C) complements. D) inferior goods.