Observations of inflation in the 1970s prompted what further addition to the Phillips curve?

A) price shocks
B) expected inflation
C) personal consumption expenditures
D) all of the above
E) none of the above

A

Economics

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Net investment equals gross investment minus depreciation

Indicate whether the statement is true or false

Economics

Torrie is thinking of starting up a small business selling hand-painted wine glasses. She is considering setting up her business as a sole proprietorship. What is one disadvantage to Torrie of setting up her business as a sole proprietorship?

A) As a sole proprietor, Torrie would face unlimited liability. B) As a sole proprietor, Torrie would be subject to significant rules and regulations. C) As a sole proprietor, Torrie would be taxed twice. D) As a sole proprietor, Torrie would not have control of the business.

Economics