The disadvantages of proprietorships include
A) limited liability for the owner.
B) double taxation of business profits.
C) the fact that the proprietorship can continue even after the owner dies.
D) the fact that the proprietor is solely responsible for all the firm's debts.
D
Economics
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Banking panics are especially dangerous because:
A. they can lead to other panics, such as retail panics. B. the government will respond by seizing all banking assets. C. they can start easily and spread quickly. D. the banking sector employs about 25% of workers in the United States.
Economics
A decrease in the money supply will immediately __________ the __________ interest rate, according to the "liquidity effect."
A) raise; natural B) raise; nominal C) lower; natural D) lower; nominal
Economics