Social insurance revenues _____ come from _____
a. primarily; Social Security payroll taxes
b. primarily, Medicare taxes
c. primarily; Social Security payroll taxes and Medicare taxes
d. do not; Social Security payroll taxes
a
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On a diagram of a production possibilities frontier, opportunity cost is represented by the slope of the production possibilities frontier
Indicate whether the statement is true or false
If the personal assets of the owners can be claimed if the business is bankrupt, the owners are said to have
A) a corporation type of business. B) limited liability. C) separation of ownership from control. D) unlimited liability.
The short-run aggregate supply curve has a(n) ________ slope because as prices of ________ rise, prices of ________ rise more slowly
A) infinite; inputs; final goods and services B) positive; final goods and services; inputs C) infinite; final goods and services; inputs D) positive; inputs; final goods and services
Which of the following is a type of economic analysis?
a. Association b. Resources c. None of these choices is a type of economic analysis. d. Positive