What is the name of a free-market economic system in which most of the factors of production and distribution - such as land, factories, railroads, and stores - are owned by individuals.

When a tax is imposed on a good for which the supply is relatively elastic and the demand is relatively inelastic, a. buyers of the good will bear most of the burden of the tax. b. sellers of the good will bear most of the burden of the tax. c.

Which of the following constitutes constructive receipt in the current year ended December 31? a. A salary check received at 6:00 p. m. on December 31, after all the banks have closed. b.

Robin Company has $100,000 of income before payment of $100,000 of reasonable salaries to its owners employees (who are in the 32% bracket).

You owe 2300 on your motorcycle. What kind of debt is this?

g Real and nominal variables are highly intertwined, and changes in the money supply change real GDP. Most economists would agree that this statement accurately describes a. both the short run and the long run. b. the short run, but not the long run.

Which of the following could be an ideal randomized controlled experiment to study the desired causal effect? A. Allow all students an extra day to study for the microeconomics exam.

Does A Zebra Think Its Black On White or White On Black?

Effective vision statements include a. financial objectives and projected figures. b. all strategic directions of the organization. c. strategic posturing and future objectives. d. a brief statement of the company's direction.

True or false: people in business get ahead by meeting the needs of their consumers. as a result, both businesses and customers benefit from voluntary exchange.

Jim and kathy have a contract with a term that is not clear. kathy and jim both have a different interpretation of the contract. if kathy wrote the contract, a court will