A business owned by two or more joint owners, or partners, who share the responsibilities and the profits of the firm and are individually liable for all the debts is a(n)

To be effective, countercyclical fiscal policy must be temporary

a. True b. False

Workers are generally in a better position to protect themselves from inflation in comparison to retired persons because workers' incomes

a. are more likely to be fixed. b. are more likely to be variable. c. always rise during inflation. d. are guaranteed by the federal government.