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A. TRUE / FALSE QUESTIONS Enter "True" or "False" on the blank preceding each...

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Finance

A. TRUE / FALSE QUESTIONS
Enter "True" or "False" on the blank preceding each question.
An entrepreneur invests money in his or her small businesses
?bar( today )
with the expectation of greater returns on the invested money in
the
future.
In the U.S. free-enterprise financial market system, the primary
savers of funds are corporations.
An "opportunity cost" typically cannot be quantified.
Actual tax rates are established by legislation at the federal,
?bar( state, )
and local levels.
Sales taxes are a typical example of a progressive tax.
An example of a true proportional tax in the U.S. currently is the
Medicare tax.
Per the "law of supply," as the price of an item increases, the
quantity
image

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