The government's main statistic for forecasting business cycles is the index of coincident indicators

Refer to Table 2-10. Which of the following statements is true?

A) Barney has a comparative advantage in making unicycles and Fred in making pogo sticks. B) Barney has a comparative advantage in making pogo sticks and Fred in making unicycles. C) Barney has a comparative advantage in making both products. D) Fred has a comparative advantage in making both products.

In the event that the business fails, sole proprietors

a. retain the assets of the business and write off its liabilities b. lose only those assets associated with the business c. pass the losses on to the shareholders d. face unlimited personal liability e. only lose the value of his/her stock