Social Security payments were not indexed to adjust for inflation until:
A. 1940.
B. 1968.
C. 1975.
D. 1990.
C. 1975.
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Property rights that protect inventions are called
A) trademarks. B) copyrights. C) patents. D) exclusive franchises.
Public saving is positive when:
A. after-tax income of households and businesses is greater than consumption expenditures. B. after-tax income of households and businesses is less than consumption expenditures. C. the government's budget is balanced. D. there is a government budget surplus.
When the demand for CDs rises, buyers will purchase more CDs at
A. all prices. B. some prices. C. no prices.
All of the following could be used to support the argument that the natural rate of unemployment has fallen in the last ten years except
A. the proportion of young people in the labor force is shrinking. B. because the adult population in prison has doubled since 1985, many people who would normally be counted as unemployed are behind bars. C. workers are more insecure because of numerous plant closings and corporate downsizing, and as a result are less likely to quit their jobs to look for work elsewhere. D. unemployment insurance has become more generous in the last ten years.