Which statement is true?
A. Entrepreneurial ability is abundant in the U.S.
B. The entrepreneur sets up a business and risks his or her own money.
C. Land, labor and capital may be considered passive resources.
D. All of the statements are true.
D. All of the statements are true.
You might also like to view...
If the economy of Gwondanaland is growing more rapidly than the economy of Japan, most likely
A. Japan has more current investment than Gwondanaland. B. Japan has more government spending than Gwondanaland. C. Japan spends more on capital goods than Gwondanaland. D. Gwondanaland has lower current consumption than Japan. E. Gwondanaland has lower current investment than Japan.
If the government of a developing country is having difficulty selling bonds to build an irrigation system, it could go to the
A) United Nations International Bank. B) World Bank. C) International Monetary Organization. D) Federal Reserve Bank.
The argument that suggests that regulators balance the interests of firms, consumers, and legislators is called
A) the capture hypothesis. B) the creative response theory. C) the share-the-gains, share-the-pains theory. D) the theory of optimal regulation.
In order to increase tax revenue, the government of Quorta decides to impose an excise tax. Which of the following goods should it tax?
a. Candy b. Beer c. Gasoline d. Restaurant meals