Category: Economics

➤ How does a nonprofit corporation differ from an unincorporated association?
A nonprofit corporation is a registered legal entity that provides limited liability, formal bylaws, a board, and perpetual existence. An unincorporated association is informal, easier to start, and lacks separate legal personality, so members can face personal liability. Corporations generally qualify for tax exemptions and grants more readily and have clearer reporting rules.

Oil prices have risen temporarily, due to political uncertainty in the Middle East. An advisor to the Fed suggests,

What is the per capita share of the total public debt outstanding closest to?
$25,000
$1,000,000
$50,000
$250,000
$100,000

➤ How does an export tax differ from an export quota or restriction?
An export tax raises the per-unit cost and generates income while allowing market quantities to adjust. A quota limits the physical amount exported and creates scarcity without revenue. Restrictions like bans or licensing are regulatory and can be stricter. Each tool has different market and welfare effects.

Which one of the following nucleotide bases is not found in RNA?Select the correct answer below:AdenineThymineGuanine

In an interview with the Walf Street Journal, Federal Reserve Bank of San Francisco President Mary Daly relerred to

Every member of genius Homo is responsible for a unique, cultural innovation. For example, homo hilus developed what