Which of the following about corporations is TRUE?
A) The cost of capital and labor is high relative to that paid by a proprietorship.
B) Profits are taxed only once as the owners' income.
C) The owners' entire wealth is at risk.
D) Corporations' profits are taxed independently of their owners' incomes.
D
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The HeckscherOhlin model assumes that production techniques within a nation use the factors of production:
a. at different intensities depending on changing technology and which nation you are discussing. b. at different intensities for each industry, so that one is more or less intensive in that factor than the other. c. at the same intensity for each industry—for example, the ratio of capital to labor is the same for every industry in the nation. d. in no definite pattern.
Mutual funds are diversified financial instruments that represent a large number of stocks, bonds, and/or other financial assets
Indicate whether the statement is true or false