This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the price level in the United States increases, domestic goods will become relatively more ... (Read 22 times)

CQXA

  • Hero Member
  • *****
  • Posts: 546
on: Jun 30, 2018
If the price level in the United States increases, domestic goods will become relatively more expensive than foreign goods. Consumers will import more and reduce the quantity of domestic goods and services they buy.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following is a valid difference between sole proprietorship and partnership?
 a. Partnerships require a written agreement while sole proprietorships do not.
  b. Partnerships require a state charter while sole proprietorships do not.
  c. Partnerships generate lower profits than sole proprietorships.
  d. Partnerships are characterized by unlimited liability, while sole proprietorships are not.
  e. Partnerships consist of two or more partners sharing the responsibility of the firm, while sole proprietorship consists of a single individual.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcomstock09

  • Sr. Member
  • ****
  • Posts: 377
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

e


CQXA

  • Member
  • Posts: 546
Reply 2 on: Jun 30, 2018
:D TYSM

dyrone

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Upper-Level Maps Upper-Level Maps
Muscle structure seen at the EM level Muscle structure seen at the EM level
A close relationship between greenhouse gas emissions and a country’s gross domestic product A close relationship between greenhouse gas emissions and a country’s gross domestic product
Intergenerational Income Mobility in the United States Intergenerational Income Mobility in the United States
By the People: A History of the United States, AP Edition By the People: A History of the United States, AP Edition
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ... Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...
Video: Stress and Immune System Animation

For a complete list of videos, visit our video library