Who wrote, "People of the same trade seldom meet together, but the conversation ends in a conspiracy against the public, or in some diversion to raise prices."?

a. Thomas Jefferson
b. Adam Smith
c. Bill Gates
d. Robert Axelrod

b

Economics

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________ flexible wages and prices imply that the short-run aggregate supply curve is ________

A) More; flatter B) Less; steeper C) less; vertical D) More; steeper

Economics

Under which of the following circumstances would an auditor be most likely to intensify an examination of a $500 imprest petty cash fund?

A) Reimbursement occurs twice each week. B) Reimbursement vouchers are not prenumbered. C) The custodian occasionally uses the cash fund to cash employee checks. D) The custodian endorses reimbursement checks.

Economics