U.S. national defense spending is approximately ____ the amount spent on health care

A disadvantage of the proprietorship form of business organization is

A) its limited access to capital. B) its limited liability. C) that it can issue only one class of stock. D) that the owner must fight a lot of red tape to form the firm.

The Keynesian approach, with its focus on aggregate demand and sticky prices, has proven useful in understanding how the economy fluctuates in the short run and why recessions and

a. natural unemployment occur. b. cyclical unemployment occur. c. structural unemployment occur. d. full unemployment occur.