Which of the following is an advantage of starting a new business as a sole proprietorship?

A) double taxation
B) ease in setting up
C) limited liability
D) greater ability to raise funds

Answer: B

Economics

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Economic freedom by its nature suggests

A) minimal government interference. B) a lack of laws and regulations. C) economic anarchy. D) zero government.

Economics

The Monetarist model expands the Keynesian model by proposing that

A) decreases in the quantity of money lead to higher interest rates. B) the government should lower taxes promote economic growth. C) decreases in tax rates generate higher consumption. D) decreases in the growth rate of the quantity of money trigger expansions by controlling inflation. E) markets should be left alone to determine the optimal outcome.

Economics