Advantage and disadvantage of Sole proprietorship
Illustrate the advantage and disadvantage of Sole proprietorship?
Expert
Advantages: easy to set up; proprietor is his/her own boss; because profit is proprietor’s income, there is an incentive to operate the business efficiently.
Disadvantages: financial resources are limited and insufficient; the proprietor is responsible for all of management functions; the proprietor is subject to unlimited liability.
Give a brief introduction of the term Cost of retained earnings?
The model of _____ was demonstrated by _____ along with the quote, “The loss of a small finger would remain the average European by sleeping which night, ... but, given he never observed them, he will snore with the most profound security over the loss of millio
Explain the statement: “Good economic policy requires good economic theory.”?
Explain how government might manipulate its expenditures and tax revenues to reduce rate of inflation?
Explain the statement: “Facts serve to sort out good and bad hypotheses.”?
Elucidate types of unemployment?
Question: Why might it be difficult for the Fed to formally adopt inflation targeting? Would inflation targeting be a good policy for the Fed in the present economic environment? Answer:
Describe Spillovers and externalities?
Describe unequal burdens of unemployment exist?
Illustrates how hard it is to define what is “American made” in today’s global economy?
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