The owners of a ________ have a separate legal distinction from the business
A) partnership B) sole proprietorship
C) corporation D) All of the above are correct.
C
Economics
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Assuming the economy in the graph shown is currently at equilibrium A, we can conclude:
A. the economy is in a recession.
B. the economy is producing less than its potential level of output.
C. there must be unemployment of resources.
D. All of these are true.
Economics
Romania has a comparative advantage in the production of
A. basketballs.
B. Barbie dolls.
C. both basketballs and Barbie dolls.
D. neither basketballs nor Barbie dolls.
Economics