An enterprise that has only one shareholder does not constit

Custom Essays Economics An enterprise that has only one shareholder does not constit

Economics

An enterprise that has only one shareholder does not constit

An enterprise that has only one shareholder does not constitute a corporation. A)True B)False … Show more An enterprise that has only one shareholder does not constitute a corporation. A)True B)False In 2009, household spending was the smallest component of total spending in the U.S. economy. A)True B)False Empirical evidence on the U.S. economy suggests that household spending and income have an inverse relationship. A)True B)False The owner of a sole proprietorship has limited liability, while stockholders of corporations have unlimited liability. A)True B)False If a corporation cannot pay its debts, creditors cannot seek payment from shareholders’ personal wealth. A)True B)False According to the World Development Report published by the World Bank, developing countries greatly outnumber industrial countries. A)True B)False The United States is the largest consumer and importer of grains and other agricultural output in the world. A)True B)False If total U.S. trade consists of $10 billion in electronics imports from Japan and $9 billion in automobile exports to Germany, then the U.S. net export account will be negative. A)True B)False Annual expenditures by the federal government exhibited an upward trend, rising from $3 billion in 1930 to more than $1 trillion in 2010. A)True B)False National economic policies are usually set by the local government in the U.S., making it the focus of economic discussions. A)True B)False Since the U.S. is organized as a market economy, the government sector does not play a role in economic activity. A)True B)False PLEASE LET ME KNOW IF YOU’RE CONFIDENT THAT YOUR ANSWERS ARE CORRECT SO THAT I CAN RATE YOU. I APPRECIATE ALL OF YOUR EXPERT ADVICE. • Show less

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