One of the consequences of the overstatement of the CPI is that
A. Social Security payments are lower than they would otherwise be.
B. personal income taxes are higher than they would otherwise be.
C. Social Security taxes are lower than they would otherwise be.
D. the poverty line is higher than it would otherwise be.
Answer: D
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If a company making frozen orange juice expects the price of its product to be higher next month, it will supply more to the market this month
a. True b. False Indicate whether the statement is true or false
If a corporation issues bonds that it cannot sell, this is an indication that
A. The coupon rate is too low. B. Dividends are too low. C. The opportunity cost of the bonds is too low. D. Expectations of future sales are low.
Exhibit 19-4 Balance sheet of Tucker National Bank Assets Liabilities Required reserves$ 4,000 Checkable deposits$20,000 Excess reserves16,000 Loans 0 Total$20,000 Total$20,000 Suppose Connie Rich deposits $500 in the bank in Exhibit 19-4. The result would be that the bank must increase its required reserves to:
A. $4,100. B. $4,500. C. $5,100. D. $5,500.
Which of the following would cause the supply of dollars curve in the United States to shift to the right?
A. Japanese imports become less popular. B. The value of the dollar falls. C. The supply of dollars decreases. D. Japanese imports became more popular.