Refer to the above figure. Which arrows represent items that are measured in dollar terms?

A) Arrows A and B B) Arrows C and D C) Arrows A and D D) Arrows B and C

C

Economics

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A sole proprietorship is typically a relatively small business because

a. its operations must stay within state borders b. it is operated out of the proprietor's home c. there are no employees, only working family members d. there are no bank loans available for expansion e. expansion often requires a partner or conversion to another form of business organization

Economics

The fact that output gaps will not last indefinitely, but will be closed by rising or falling inflation is the economy's:

A. income-expenditure multiplier. B. self-correcting property. C. short-run equilibrium property. D. long-run equilibrium property.

Economics