A disadvantage of sole proprietorships is:
a. getting a charter
b. limited liability
c. inability to maintain enough inventory
d. ease in entering and leaving business
Ans: c. inability to maintain enough inventory
Economics
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Which of the following might the Fed rely on as an intermediate target?
A) The monetary base B) The discount rate C) M2 D) The exchange rate of the dollar
Economics
The Keynesian aggregate supply schedule slopes upward because of
a. unstable expectations. b. inflexible wages and prices. c. changes in technology. d. differences between actual and expected price levels.
Economics