Which of the following is NOT a disadvantage of a proprietorship?

A) how profits are taxed
B) ability to raise capital
C) unlimited liability
D) the disposition of the firm when the owner dies

Answer: A

Economics

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When RBC economists compare the correlations in their models to the data, what are they looking at?

A) The degree to which variables lead output over the business cycle B) The strength of procyclicality of different variables C) The amount of random variation in economic variables D) The degree to which different economic variables move together

Economics

In calculating income for the Lorenz curve, one factor that is omitted, is

A) capital gains income. B) dividend payments. C) in-kind transfer payments from the government. D) pure economic rent.

Economics