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ECO 202 Exam One NVCC Questions with Update

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ECO 202 Exam One NVCC Questions with Answers Update
Question : What is the largest portion of US personal income
spent on?
-Services
-Tax payments
-Durable goods
-Dividends
Correct answer: Services
Question : The most common form of business organization
in the US is?
-The sole proprietorship
-The corporation
-The partnership
-None of the above
Correct answer: The sole propeietorship

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