Limited liability is a benefit to
A) sole proprietorships.
B) partnerships.
C) corporations.
D) All of the above.
C
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Autonomous consumption is equal to the level of consumption associated with:
a. unstable disposable income. b. positive disposable income. c. zero disposable income. d. negative disposable income.
What are the economic effects of a currency appreciation?
a. It will decrease aggregate demand and aggregate supply, so that output will certainly fall, and prices may fall as well. b. It will increase aggregate demand and aggregate supply, so that output will certainly rise, and prices may rise as well. c. It will increase aggregate demand and decrease aggregate supply, so that prices will certainly rise and output may rise as well. d. It will decrease aggregate demand and increase aggregate supply, so that prices will certainly fall and output may fall as well.