Briefly state the pros and cons of Corporation
Briefly state the pros and cons of Corporation?
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It can raise large amounts of money by issuing stocks and bonds; limited liability; continuity.
Red tape and expense in incorporating; potential for abuse of stockholder and bondholder funds; double taxation of profits; separation of ownership and control.
True or false? “U.S. exports create a demand for foreign currencies; foreign imports of U.S. goods generate supplies of foreign currencies.” Explain.
Explain of the law of demand?
Question The Current Account captures international fund flows due to net income on (past) investments, net transfers, and i._______________________________, general
What persuades new firms to enter in an industry? Answer: Abnormal profit encourages new firms to enter an industry.
What happens to the demand curve when each of these determinants changes?
Elucidate an example of simultaneous changes in both supply and demand?
How does society decide its optimal point on the production possibilities curve?
Illustrate the changes in Demand, Supply and Equilibrium?
Illustrate how Microeconomics looks at specific economic units?
Question: Monica has been considering buying a mountain bike. Last month Monica had an income of $30,000. The bike's price was $1000, the composite good price was $1, and she decided not to buy the bike. This month Monica was surprised t
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