Tools and equipments used in production are:

The AD curve shows that, as the price level falls the quantity of

A) GDP demanded increases. B) GDP demand decreases. C) Real GDP demanded increases. D) Real GDP demanded decreases. E) none of the above

Which of the following is not an advantage of starting a new business as a proprietorship?

A) The owner has complete control over the business. B) A proprietorship has few government rules and regulations to comply with. C) Business profits are only taxed once, not twice. D) A proprietorship can easily attain additional funding.