In the United States, what percentage of businesses are sole proprietorships?

a. 10%
b. 25%
c. 50%
d. 75%

Answer: d. 75%

Economics

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Suppose that the price of flour used to produce bagels increases. Hence the equilibrium price of a bagel ________ and the equilibrium quantity ________

A) rises; increases B) does not change; does not change C) falls; increases D) rises; decreases E) falls; decreases

Economics

Which of the following is a transfer payment? I. Social Security II. Unemployment benefits

A) I only B) II only C) Both I and II D) Neither I nor II

Economics