What are the advantages of setting up a corporation as opposed to a proprietorship or partnership?
What will be an ideal response?
Corporations have limited liability and a greater ability to raise funds.
Economics
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Dollarization refers to:
a. increased trade with the United States, resulting in a glut of dollars circulating in the domestic economy b. the fall of the U.S. dollar. c. the dominance of the U.S. dollar in international finance. d. the adoption of any foreign currency as an official currency by nations outside the United States, such as El Salvador and Ecuador.
Economics
Of the approximate total population of 300 million people in America, about how many have incomes below the official poverty level?
A) approximately 13 million B) approximately 46 million C) approximately 73 million D) approximately 104 million
Economics