A tax accountant categorizes costs in conformity with rules of the Securities and Exchange Commission and the Financial Accounting Standards Board so that investors can better compare the records and prospects of different companies

A supply curve that is horizontal reflects a supply that

A) is elastic. B) is inelastic. C) is unit elastic. D) has a zero elasticity.

The principal factor determining velocity is the

A. level of income. B. frequency with which paychecks are distributed. C. frequency with which taxes are paid. D. growth rate of real output.