It is likely that the owners have little to do with the day-to-day management of a firm in the case of

A) partnerships only.
B) proprietorships only.
C) corporations only.
D) partnerships and corporations.

C

Economics

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The standard way to measure the effects of debt in an economy is to look at the stock of debt relative to

A) the total budget. B) GDP. C) total government spending. D) federal tax revenue.

Economics

Suppose a country's net exports equal 0. If the volume of imports increases without any change in the volume of exports, the country will experience a ________

A) trade deficit B) budget deficit C) trade surplus D) budget surplus

Economics