What is the threshold age for individuals to be considered as being in the "labor force" for statistical purposes?
A. 16
B. 18
C. 21
D. Over 21
Answer: A
Economics
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A stable rule of law
A) invariably turns losses into profits. B) allows people to cooperate more effectively with one another. C) converts price searchers into price takers. D) renders the law of comparative advantage ineffective.
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In 1950, Social Security benefits increased by over 50 percent
a. True b. False
Economics
If Joe earns $80,000 per year and pays $20,000 in taxes, while Moe earns $100,000 and pays $22,000 in taxes, their tax system would best be described as:
a. progressive. b. proportional. c. regressive. d. discretionary. e. lump-sum.
Economics
Identify the four functions of money and give examples of each in your own words.
What will be an ideal response?
Economics