Which of the following statements about an entrepreneur is false?
A) An entrepreneur organizes the other factors of production into a working unit.
B) An entrepreneur develops the vision for the firm and funds the producing unit.
C) An entrepreneur sells his entrepreneurial services in the output market.
D) An entrepreneur risks the personal funds provided.
Answer: C
Economics
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During the 1990s, Japan's economy experienced
A) a tripling of values in the stock market. B) negligible inflation and unemployment rates. C) falling short-term interest rates. D) All of the above.
Economics
Refer to the information above. Which of the following represents the steady-state growth rate of output per worker in this economy?
A) 2% B) 3% C) 5% D) 10% E) 15%
Economics