Supplementary Security Incomes are provided by the U.S. government to those who:
a. regularly pay a social security tax.
b. are below 65 years of age.
c. lack the required education to be absorbed in the job market.
d. earn less than $4,500 per year.
e. are temporarily unemployed.
d
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An account period may be:
a. One quarter b. One month c. One year d. All of these
Financial instruments used primarily as stores of value would not include:
A. a home mortgage. B. a U.S. Treasury bond. C. a car insurance policy. D. shares of General Motors stock.
Wayne purchased 10 autographed Eli Manning football cards when he was 15 years old for a total cost of $50 and then sold those football cards 4 years later for $800. Due to these transactions
A. Wayne earned a dividend of $800. B. Wayne earned a dividend of $750. C. Wayne earned a capital gain of $750. D. Wayne earned a capital gain of $800.
The following are important problems associated with the public debt, except:
A. Payments of interest on the debt lead to greater income inequality B. Interest payments on the debt tend to reduce economic incentives to work and invest C. Government borrowing to finance the debt may lead to too much private investment D. Payment of interest on the debt held by foreigners would send real resources abroad