Entrepreneurship could best be classified as:
A. simple labor.
B. highly specialized labor.
C. creative labor.
D. unskilled labor.
Answer: C
You might also like to view...
Your neighbor's 10-year old son has come to your house to collect money for a relief fund to benefit hurricane victims
You were initially unwilling to contribute but agreed to give when you discovered that he had already collected money from all your neighbors. This is an example of ________. A) pure altruism B) impure altruism C) liberalism D) rationalism
Lifetime wealth is
A) the quantity of assets the consumer has in the current period. B) current income plus future income. C) current income minus discounted future taxes. D) the present value of disposable income.
One of the board members is appointed to a __ year, renewable term as the chairman
A. 6 B. 4 C. 7
Checks and currency function similarly, however:
A. currency is a more effective means of payment. B. checks are not included in measures of money, whereas currency is. C. currency is a better store of value than checking deposits. D. carrying currency entails greater risk, because it cannot be replaced if lost or stolen.