Question
43. The demand for labor is a derived demand because it is set by the demand for products. A. true B. false ____ 44. A
43. The demand for labor is a derived demand because it is set by the demand for products. A. true B. false
____ 44. A time when stock prices steadily fall or stagnate is a __________ market. A. bull B. bear
____ 45. Aggregate __________ is the total amount of goods and services in the economy that will be purchased at all possible price levels. A. supply B. demand
____ 46. If you sell a stock for MORE than you paid for it, you have incurred a(n) A. capital gain. B. capital loss. C. inflation-based bond.
____ 47. The Dow Jones Industrial Average is the average value of a set of stocks supposed to represent the market as a whole. A. true B. false
____ 48. In a general partnership, A. all partners always have limited liability. B. only one partner must have limited liability. C. all partners share equally in liability. ____ 49. A business owned by two or more people with specific division of responsibilities and profits is a A. sole proprietorship B. partnership C. corporation
____ 50. In recent years, union membership has increased in the United States. A. true B. false
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