Over the last 30 years, the income gap between the rich and the poor has declined
a. True
b. False
Indicate whether the statement is true or false
False
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Examining the conditions that could lead to economic growth is an example of a macroeconomics topic
Indicate whether the statement is true or false
Keynesian models involve considerable efforts to explain the determinants of
A) the money supply. B) aggregate supply. C) liquidity preference. D) the demand deposit multiplier.
During periods of high inflation, money becomes:
A. more useful as a medium of exchange. B. less useful as a unit of account. C. more useful as a unit of account. D. more useful as a store of value.
Which of the following is NOT an advantage of a proprietorship?
A) They are easy to form and dissolve. B) Decision-making resides with one person—the owner. C) Liability of the owner is unlimited. D) Profits are only taxed once.