In 2006, a Social Security (FICA) tax of 7.65% of payroll earnings was paid by both the employee and the employer
Indicate whether the statement is true or false
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If an average cost pricing rule is imposed on the natural monopoly shown in the figure above, then it will produce
A) 2 million units. B) 3 million units. C) 4 million units. D) 5 million units.
The application of new technology refers to
a. imitation. b. investment. c. innovation. d. education.
The value of R2 always _____.
A. lies below 0 B. lies above 1 C. lies between 0 and 1 D. lies between 1 and 1.5
When full employment is present in the United States:
A. the rate of unemployment will fall to zero. B. the actual rate of unemployment will be less than the natural rate of unemployment. C. approximately 95 percent of the adult population will be employed. D. approximately 95 percent of the labor force will be employed.