What type of business is the easiest to set up?
A) sole proprietorship
B) partnership
C) corporation
D) There is no difference in the ease of establishment.
Answer: A
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If the demand is unit elastic, a price cut will leave the quantity demanded unchanged
Indicate whether the statement is true or false
Physicians who accept assignment on their Medicare patients
a. bill patients for 80 percent of the allowable fee. b. agree to forego balance billing. c. accept the allowable fee for all services. d. agree to charge private insurance patients the same fees as Medicare patients. e. Both b and c.
Which of the following would generate a supply of euros in exchange for dollars?
a. American demand for European real estate. b. European demand for U.S. government bonds. c. Americans vacationing in Europe. d. Purchase of French wines by U.S. importers.
There are two types of government expenditures
What will be an ideal response?