Limited liability is a benefit available only to
A) sole proprietorships.
B) partnerships.
C) corporations.
D) All of the above.
C
Economics
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Decreases in consumption, investment, or net exports caused by an increase in government purchases are known as
A) strategic substitution. B) crowding out. C) diminishing returns. D) demand-side effects.
Economics
Which of the following is a deficit item on the U.S. balance of payments accounts?
A) A U.S. firm sells a product to a Mexican firm. B) An Italian tourist in Miami purchases a beach ball. C) A Spaniard buys 100 shares of Ford stock. D) A U.S. resident buys gold from the Japanese central bank.
Economics