How do the owners of a corporation relate to the business?

A) The assets of the owners are considered the same as the assets of the business.
B) The owners and the business are not separate legal entities.
C) The owners and the business are separate legal entities.
D) None of these describe the legal relationship of the owners to the business.


C

Economics

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One problem with keeping the CPI basket fixed is it:

A. doesn't accurately isolate price changes from behavior changes. B. doesn't allow for changes in people's preferences over time. C. can't properly predict when prices will change. D. doesn’t really capture what a typical household may purchase in a base year.

Economics

As a market-based society, non-profit firms are illegal in the U.S

Indicate whether the statement is true or false

Economics

Farah is a policymaker for the government. If her goal is to increase the equilibrium quantity of loanable funds while raising real interest rates, what type of program should she pursue?

a. eliminate a saving incentive b. enact an investment tax credit c. eliminate an investment tax credit d. enact a saving incentive

Economics

Each of the following is an endogenous business cycle theory except the ___________ theory.

A. monetary B. accelerator C. psychological D. sunspot

Economics