In most circumstances, employees do not pay taxes on the value of health insurance their employers provide them
Indicate whether the statement is true or false
TRUE
You might also like to view...
The Fed is part of the executive branch of the federal government
a. True b. False Indicate whether the statement is true or false
The self-correcting tendency of the economy means that rising inflation eventually eliminates:
A. unemployment. B. exogenous spending. C. recessionary gaps. D. expansionary gaps.
A set of strategies in which no player can improve his or her payoff by changing his or her own action is called a:
A. framing strategy. B. dominant strategy. C. Vickrey position. D. Nash equilibrium.
Which of the following is a long-run impact of an increase in the wage?
A. The quantity demanded of labor increases because there are no diminishing returns. B. The quantity demanded of labor increases because the marginal revenue product curve shifts upward due to a higher product price. C. The quantity demanded of labor decreases because firms face a higher degree of diminishing returns. D. The quantity demanded of labor decreases because firms will have an incentive to use more of other inputs instead of labor.