A large number of businesses are organized as sole proprietorships because it is easy for them to acquire large sums of financing

a. True
b. False


B

Economics

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A reduction in government spending causes the equilibrium level of aggregate output to ________ at any given interest rate and shifts the ________ curve to the ________, everything else held constant

A) rise; LM; right B) fall; IS; left C) fall; LM; left D) rise; IS; right

Economics

When the owners of a company hire full-time executives to make the day-to-day decisions, this __________ the __________ problem

A) alleviates; stockholder-lender B) alleviates; manager-stockholder C) exacerbates; stockholder-lender D) exacerbates; manager-stockholder

Economics

The primary difference between cooperative and noncooperative games is the ability to form contracts

a. True b. False Indicate whether the statement is true or false

Economics

The definition of a job loser is an individual

A. who quits his job voluntarily. B. who is underemployed. C. who competed for a promotion at his company and did not get it. D. whose employment was terminated involuntarily due to a downturn in the economy.

Economics