The main disadvantage to forming a corporation is
a. low profits
b. double taxation
c. small number of owners
d. difficulty in raising funds
e. stockholders usually control the company
B
Economics
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If the wage rate increases, there is an increase in the quantity of labor supplied. This means the labor supply curve shifts outward
a. True b. False
Economics
Which of the following is NOT a correct statement about the Federal Reserve banks?
A. They supervise member banks within the Federal Reserve System. B. They provide the economy with gold backed currency. C. They provide a system of check collection and clearing. D. They act as banker and fiscal agent for the U.S. government.
Economics