List three disadvantages to sole proprietorships.

Suppose foreigners find U. S. goods and services more desirable for some reason other than a change in the exchange rate. Which policies could be used to offset the resulting change in output? a.

Julia bought a used car. She found out after she made the purchase that the car had previously been in an accident. What right was Julia denied?

Suppose a banking system has a required reserve ratio of 0.15. How much can the money supply increase in response to a $1 billion increase in excess reserves for the whole banking system?

Tom and his family have developed a successful business selling a liquid spray fertilizer to farmers. The fertilizer consists of rich, organic, composted material.

The condensed income statement for the Consumer Products Division of Fargo Industries Inc. is as follows (assuming no service department charges) : Sales $82,500,000 Cost of goods sold 53,625,000 Gross profit $ 28,875,000 Administrative expenses

Consider the long-run model of a small open economy which starts from a position of trade balance, i. e., exports equal imports. Suppose that corporate downsizing and lack of job security cause consumers to spend less and save more.

Jason and his wife are expecting their first child this week, but Jason had to attend a very important meeting in Quebec.

You walk onto a used-car lot to buy your first car. However, you are not sure about the quality of the cars in the lot and expect one-third of them to be of poor quality. Refer to the scenario above. Suppose you decide to buy a Toyota Corolla.

Suppose youre a salesperson for a beer and wine distributor. one of your customers has just finished telling you they are unhappy because their last order contained several broken bottles.

Jane agrees, in writing, to buy Susan's house for $300,000 as soon as Jane is ready to buy a house. The agreement is: Group of answer choices a. Unenforceable, because it violates the statute of frauds b.