An Attorney Who Practices Law as a Sole Proprietor Is

question 78

Multiple Choice

An attorney who practices law as a sole proprietor is often called a

• A) loner lawyer.
• B) sole practitioner.
• C) private practitioner.
• D) limited practitioner.

---

Definitions:

Aggregate Demand

The entirety of demand for goods and services within an economy, at a chosen general price level and throughout a specified time period.

Aggregate Supply

The total supply of goods and services that firms in an economy are willing to sell at a given price level in a given time period.

Investment

The purchase of goods that are not consumed today but are used in the future to create wealth, including assets like property, stocks, or bonds.

Aggregate Demand Curve

Curve showing planned purchase rates for all goods and services in the economy at various price levels.