Greta Is a Member of Hovercraft LLC

question 7

Multiple Choice

Greta is a member of Hovercraft LLC.As a member,Greta is

• A)a manager or officer,but not an owner.
• B)an investor,but not a manager,officer,or owner.
• C)an owner.
• D)a participant,but not an investor,manager,officer,or owner.

---

Definitions:

Aggregate Supply

The comprehensive stock of goods and services intended for sale by firms within an economy throughout a certain duration.

Economy

An economy encompasses all the production, distribution, and consumption of goods and services within a particular geographic region. It involves activities related to wealth and resources.

Minimum Wage

The lowest legal wage that can be paid to most workers, set by government laws or regulations, intended to ensure a basic standard of living.

Taxes

Compulsory financial charges or levies imposed upon an individual or an organization by a governmental entity to fund various public expenditures.