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Author Question: Compared to corporations, businesses that are proprietorships A) are far more numerous. B) ... (Read 58 times)

sammy

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on: Jun 29, 2018
Compared to corporations, businesses that are proprietorships
 
  A) are far more numerous.
  B) account for a larger percentage of the economy's total revenue each year.
  C) can raise capital more cheaply.
  D) All of the above are correct answers.

Question 2

In October 2008, Iceland's central bank increased its lending rate to 18 in an effort to prop up the country's frozen currency and markets.
 
  (www.nytimes.com, October, 29, 2008)
  As a result, the ________ and demand curve for Icelandic krona shifted ________, holding all else the same.
  A) interest rate differential between U.S. and Icelandic interest rates increased; rightward
  B) interest rate differential between U.S. and Icelandic interest rates decreased; leftward
  C) dollar appreciated relative to the krona; rightward
  D) value of U.S. exports to Iceland increased; leftward


Hikerman221

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


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