Which of the following would not describe two thirds of the for-profit businesses in the United States as measured by sheer number of firms?
a. small retail businesses
b. small service operations
c. part-time home-based businesses
d. small farms
e. multinational corporation
E
Economics
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A plot of the interest rates on default-free government bonds with different terms to maturity is called
A) a risk-structure curve. B) a default-free curve. C) a yield curve. D) an interest-rate curve.
Economics
In the mathematical formulation of the short-run production function:
A) the quantity of output is usually assumed to be fixed. B) the quantity of capital employed is usually assumed to be fixed. C) the quantity of both labor and capital employed are usually assumed to be fixed. D) the quantity of both labor and capital must be allowed to vary so that output can vary in the short run.
Economics