Was based on people buying and selling, rather than manufacturing, goods.

Jordan performs services for Ryan. Which of the following factors, if any, indicates that Jordan is an independent contractor rather than an employee? a. Jordan is paid based on tasks performed. b.

9. Emil Motycka is considered an entrepreneur because O he mows lawns. O he took out a loan. O he started and managed a business. O he expanded his business as an adult.

What happens when you are sued for more money than you have?

True or false: 1. Some people, uncomfortable with the idea of starting their own business from scratch, would rather join a business with a proven track record through a franchise agreement. 2.

F (1) = 2 and f (4) = 85.75

Privatization is a way to a. shrink the federal budget by selling government services or property in the private sector. b. reduce government costs by relocating government programs to private groups or corporations. c.

Gonzalez Company acquired $200,000 of Walker Co., 6% bonds on May 1 at their face amount. Interest is paid semiannually on May 1 and November 1. On November 1, Gonzalez Company sold $70,000 of the bonds for 97.

A debt does not have to be past due before a creditor can begin legal action against a debtor. true or false.

If the government wants to increase production of a good to achieve marginal social benefit, then the following policy will most likely be implemented a.

Suppose that consumption is $500 and that the marginal propensity to consume is 0.6. If disposable income increases by $1,000, consumption spending will increase by A. $600 B. $ 3,000 C. $1,360 D. $ 3,750 E. $1,666.67