In a simple structure where the owner manager makes most of the important decisions, extensive rules and regulations are used to maintain order.

a. True

b. False

The price of a basket of goods is $2000 in the U. S. If purchasing-power parity holds, and the dollar buys two units of some country's currency, then how many units of foreign currency does the same basket of goods cost in that country? a. 4000 b.

15. If the underground economy is sizable, then GDP will a. understate the economy'sperformance. b. overstate the economy's performance. c. fluctuate unpredictably. d. accurately reflect this underground activity

The debt-to-equity ratio:A. Is calculated by dividing book value of secured liabilities by book value of pledged assets. B. Is a means of assessing the risk of a company's financing structure. C. Is not relevant to secured creditors. D.

What supports maintaining a dual income

In a mutual fund, investors share equally in profits, losses, and management decisions. True or False?

Nastasha has a gross income of $66,429. she can make adjustments of $14,490 for business losses, $3,584 for business expenses, and $4,813 for contributions to her retirement plan. what is nastasha's adjusted gross income? a. $109,971 b. $22,887 c.

Debra notes that theo chocolate has started holding its own operations to the same imo standards of fair trade to which it holds its suppliers. this type of sends a powerful message to employees and customers.

Partners G and H form the GH partnership, with G contributing $200,000 cash and H contributing some land with a basis of $600,000 and a FMV of $900,000, subject to a nonrecourse liability of $700,000.

Johnson, Inc. a builder enters into an agreement to construct a commercial building in a residential area in violation of zoning laws. Johnson hires a crew of construction workers to build the building.

What are the limitations of gdp and gnp