Unlimited liability-this is by far the greatest disadvantage to the proprietorship. Even though proprietors may invest only part of their capital in the business, they remain personally liable to the full extent of their assets for the liabilities of the business.
<em><u>Expansionary Monetary Policy is pursued by Federal Reserve.</u></em>
<u>Explanation:</u>
Expansionary Monetary is a macroeconomic policy which takes an action on economic growth of the country. Expansionary policy can be either monetary policy or fiscal policy or combination of both. Its increases the money supply, boosts aggregate demand and lowers the interest rates.
It deters the contractionary phase of the business cycle. It’s even included that policy’s purchases of government securities and reduction in the ration of reserves, the other point is discount rate decreases.
The correct answer is foot-in-the-door phenomenon.
This means that if a person agrees to comply with a small favor, they are likely to do something more as well. So, these people will listen to the telemarketers' pitches, which means that they might even buy the product afterwards.
Answer:
4 slave states stay in the union.
