The factor proportions theory of international trade was developed by Wassily Leontief

Some early retirees earning above a threshold amount may find their retirement Social Security benefits reduced

Indicate whether the statement is true or false.

At the time of its bankruptcy, Lederhosen Ltd. had the following assets: a sewing machine with a fair market value of $35,000, accounts receivable of $15,000, and general business assets of $3,000

Its creditors, and the amounts owing to them, were the following: the provincial Workers' Compensation Fund - $8,000; a leather supplier - $3,000; an unsecured business lender - $5,000; and a bank - $40,000, for a loan secured by a general security agreement which had been perfected under the Personal Property Security Act. Bankruptcy expenses in involved trustee fees of $2,500 and legal fees of $2,000. In this case the money remaining to be divided among the unsecured creditors is: A) $0 B) $500 C) $2,500 D) $5,000 E) $5,500