Torrie is thinking of starting up a small business selling hand-painted wine glasses. She is considering setting up her business as a corporation. What is one advantage to Torrie of setting up her business as a corporation?
A) By setting up the business as a corporation, Torrie would have both ownership and control over the business.
B) By setting up the business as a corporation, Torrie would not face double taxation.
C) By setting up the business as a corporation, Torrie would have the ability to share risk with shareholders.
D) All of the above would be advantages of setting up her business as a corporation.
C
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Between 1980 and 2005, the Vanguard Index Fund earned 12.3 percent per year, while the average mutual fund investor earned
A. 1.9 percent. B. 2.3 percent. C. 5.1 percent. D. 7.3 percent.
Which statement best defines the classical perspective?
a. Aggregate supply determines aggregate demand. b. Aggregate demand does not matter for anything. c. Aggregate supply determines real variables such as output. d. Aggregate demand determines all endogenous variables.
If the price index moves from 105 to 115, the rate of inflation is:
a. 8.4% b. 9.5% c. 10% d. 8.7%
The long-run Phillips curve would shift left if
a. the money supply increased or if the minimum wage was reduced. b. the money supply increased but not if the minimum wage was reduced. c. the minimum wage was reduced but not if the money supply increased. d. None of the above is correct.