Liabilities consist of anything of value that is owned and assets are things that are owed to someone else

Indicate whether the statement is true or false

false

Economics

You might also like to view...

Which of the following is not consistent with perfect competition?

a. all firms face the same costs. b. firms cannot determine the price of the goods they sell. c. the marginal product of labor is diminishing. d. firms negotiate the same wages for different workers.

Economics

If the country of Zorg has a birth rate of greater than 2.2 births per woman, it is likely that Zorg is an industrial market country

a. True b. False

Economics