Purchasing power parity can be used as
A) a long-run gauge, but in the short run large deviations in currency values can exist.
B) a short-term gauge, but in the long run large deviations in currency values can exist.
C) an indicator of how interest rates will change in the short run.
D) an indicator of how interest rates will change in the long run.
E) a short-term and long-term gauge of relative currency values.
A
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The sole owner of a unincorporated business unable to pay its debts:
a. may be sued by the people to whom the business owes money b. may be forced to pay them out of his own bank account c. may be forced to sell his personal property to pay those debts d. all of these are correct
In Figure 45.1, the opportunity cost to workers of working at the equilibrium wage-labor combination is 
Figure 45.1
A. OW*CL*. B. ABC. C. OBCL*. D. OACL*.