Select the correct answer from each drop-down menu. Fablan Inherited some money from his family and decided to open a hardware store on his own. He bought the entire Inventory on credit from
vendors with the promise of paying them later. He hoped to have good sales when he opened the store because there weren't any other
hardware stores in the area. However, he couldn't sell most of his stock because there did not seem to be any demand. He knew he wouldn't be
able to pay the creditors from the money the store made. What kind of ownership does Fablan have over his store? What kind of liability is
Fablan open to regarding the money owed to his creditors?
Fablan has
✓ over the store. He has
with respect to the money owed to his creditors.

8. agreement and disagreement among economists suppose that bob, an economist from a university in arizona, and cho, an economist from a public television program, are arguing over saving incentives. the following dialogue shows an excerpt from their debate: cho: i think it's safe to say that, in general, the savings rate of households in today's economy is much lower than it really needs to be to sustain an improvement in living standards. bob: i think a switch from the income tax to a consumption tax would bring growth in living standards. cho: you really think households would change their saving behavior enough in response to this to make a difference? because i don't. the disagreement between these economists is most likely due to . despite their differences, with which proposition are two economists chosen at random most likely to agree? rent ceilings reduce the quantity and quality of available housing. immigrants receive more in government benefits than they contribute in taxes. having a single income tax rate would improve economic performance.

Select the correct answers. mila is at a flea market. she has $50 in her wallet. she decides that she will spend $15 on jewelry, $20 on a pair of jeans, $5 on a t-shirt, and $10 on something to eat. she likes a one-of-a-kind t-shirt, but the seller is not ready to sell it for less than $8. she thinks of five ways to deal with this situation. which two choices indicate a trade-off?

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