Sole proprietorship and entrepreneurship are defined

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True or False

1. CPI measures for individual consumers the “real” dollar amount of a good(s) from the past to current value. PPI does the same for businesses.

2. The original GATT text is no longer in use and but was subject to modifications of GATT 1994.

3. The Eurozone consists of 28 member states (countries) in the EU (European Union).

4. In a Ponzi scheme extraordinary returns are promised on an original investment whereby lack of investor knowledge is apparent.

5. The Ponzi scheme’s name was a fictitious name created to hide what the scheme was all about.

6. Sole proprietorship and entrepreneurship are defined as the same.

7. Baby boomers are known to be referred as the new 40s=50, 50s=60, and 60s=70.

8. Latchkey kids refers to Millennial Generation where their parents were baby boomers

9. Generation Z born 2011 to now but has been predicted as the “change” generation.

10. In SWOT analysis, the first step in figuring out where the analysis should begin is situational analysis.

Reference no: EM132260705

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