Of the types of business organizations in the United States, corporations account for ________ percentage of firms and ________ percentage of profits
A) the smallest; the largest
B) smallest; neither the largest nor smallest
C) neither the largest nor smallest; the largest
D) the largest; the largest
Answer: C
Economics
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According to the above figure for a gasoline market, an increase in the price from $2 to $4 will result in
A) a shortage of 30 million gallons. B) an increase in quantity demanded of 10 million gallons. C) an increase in quantity supplied of 20 million gallons. D) an increase in demand of 20 million gallons.
Economics
When there is a great deal of inflation the Fed will
A. sell securities on the open market. B. buy securities on the open market. C. both sell and buy securities on the open market. D. not sell nor buy securities on the open market.
Economics