Marketable equity securities should be valued at cost.

a. true
b. false

Answer: b. false

Economics

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The problem of the commons is the absence of incentives to prevent overuse and depletion of the common resource

Indicate whether the statement is true or false

Economics

In a Lorenz curve diagram, the 45° line represents:

A. perfect income equality. B. zero inflation. C. a negative income tax. D. an extremely unequal distribution of income.

Economics