A firm that has limited liability is classified as a
A) proprietorship.
B) partnership.
C) partnership or proprietorship.
D) corporation.
D
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The various signaling techniques __________ completely overcome the moral hazard problem in the case of the small borrower, so that small business loans are generally __________-term
A) can; long B) can; short C) cannot; long D) cannot; short
Rapid population growth leads to age dependency which refers to:
a. a reduction in the amount of capital per worker, which lowers the productivity of labor. b. shifts in government expenditures from the country's infrastructure to education and health care. c. a large number of dependent children whose consumption requirements lower the ability of the economy to save. d. high mortality rates of middle-aged workers that reduces the average amount of investment spending. e. survival of the elderly who are dependent on government welfare support.