A disadvantage of the proprietorship form of business organization is
A) its limited access to capital.
B) its limited liability.
C) that it can issue only one class of stock.
D) that the owner must fight a lot of red tape to form the firm.
A
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In Figure 4-5 above, people would be trying to increase their holdings of money at
A) points A and E. B) points B, E, and C. C) point A. D) points A and B. E) point D.
Which of the following statements about labor union membership is true?
a. The percentage of workers in union jobs has risen sharply. b. The private sector has the highest percentage of union workers. c. The percentage of union workers in the public sector remains high. d. Traditionally, manufacturing industries have had few union members.
Which of the following groups would have the lowest unemployment rates?
A. High-school dropouts B. Married men C. Nonwhite teenagers D. Nonwhite women
What actions would a modern Keynesian economist advocate to cure a recessionary gap?
What will be an ideal response?