What type of business is the easiest to start up?

a. partnership

b. conglomerate

c. sole proprietorship

d. corporation?

Macroeconomics examines: A. how individual firms make choices, such as how they decide what prices to charge. B. the economy as a whole, such as how rapidly the economy grows. C.

Glebe Company accepted a credit card account receivable in exchange for $1,100 of services provided to a customer. The credit card company charges a 5% fee for handling the transaction.

In efficient financial markets, unregulated competitive bidding should bring about the most productive use of an asset and the price paid for that asset should reflect fair value based on its usefulness. In real estate, this is not always the case.

3. Coarse chopping is usually used for vegetables that will be A. sautéed. B. put in a sachet. C. discarded. D. stewed.

What is a market that runs most efficiently when one large firm supplies all of the output referred to as?

Suppose a new and more liberal Congress and administration are elected. Their first order of business is to take away the independence of the Federal Reserve System and to force the Fed to greatly expand the money supply.

Which of the following is not an issue that is central to the debate regarding market efficiency? A. The magnitude issueB. The tax-loss selling issueC. The lucky event issueD. The selection bias issue

Which of the following statements is most correct? Many large firms operate different divisions in different industries, and this makes it hard to develop a meaningful set of industry benchmarks for these types of firms.

A taxpayer sells a warehouse for a recognized gain. Depreciation had been properly claimed on the property based on the straight-line method over a 39-year recovery period.

Edelman Engines has $11 billion in total assets. Its balance sheet shows $1.1 billion in current liabilities, $7.7 billion in long-term debt, and $2.2 billion in common equity.