The United States funds its unemployment compensation system by taxing
A. older, larger firms at a higher rate than younger, smaller firms.
B. firms more when they have a history of causing more layoffs, up to a point.
C. all firms at the same rate.
D. firms more when they have greater profits so that they can afford the additional taxes.
E. nonunion firms more than union firms because union firms pay higher wages on average.
Answer: B
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Is there evidence that an increase in per capita income stimulates population growth?
What will be an ideal response?
The two neighbors of the United States do a lot more trade with the United States than European economies of equal size
A) This contradicts predictions from gravity models. B) This is consistent with predictions from gravity models. C) This is irrelevant to any inferences that may be drawn from gravity models. D) This is because these neighboring countries have exceptionally large GDPs. E) This relates to Belgium's trade record with the U.S.
If the price of a good increases and the total revenue also increases, the good has a(n)
A) elastic demand. B) inelastic demand. C) unit elastic demand. D) perfectly elastic demand.
If a demand curve shifts to the right, then
A) demand has increased. B) quantity demanded has increased. C) demand has decreased. D) quantity demanded has decreased.