1. Which form of business organization is most common?*

2. One advantage of a partnership over a sole proprietorship is that a partnership*

3. What is the main goal of a cooperative?*

4. What is a disadvantage of turning a partnership into a corporation?*

5. The structure of a corporation can best be described as a ______?

6. Which of these people is part of the labor force?*

7. Outsourcing is the practice of _______?

8. What principles determine wage rates in a labor market?*

9. What is one reason young workers seek entry-level positions?*

10. The shift of jobs toward the service sector can be best explained by ______?

11. Consider these two books: The Jungle By Upton Sinclair and Unsafe at Any Speed By Ralph Nadar Public interest in these books led to the passage of laws to protect ?

12. Which of the following best explains why the market is an inefficient way to allocate immunization against infectious diseases?*

13. The power of the federal government to regulate comes from*

14. What is the exception to property rights?*

15. What is the name for the problem that is created when common resources are overused or destroyed?

16. Most sales taxes are regressive because...

17. What are taxes?*

18. After the United States became independent, why were Americans cautious about taxation?*

19. Advocates who favor a proportional tax believe it is the fairest tax structure because*

20. How do state and local governments typically generate revenue to pay for education, law enforcement, and fire protection services?*

21. The Internal Revenue Service routinely collects taxes from employees through a system of*

22. What is a progressive tax?