The Social Security system is financed through
A. general revenues.
B. a payroll tax.
C. the income tax.
D. private insurance contributions.
Answer: B
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The international financial crisis of 2007 was the result of
A) failure of the Euro currency. B) runaway inflation in the U.S. C) a deep global recession. D) the collapse of global currency markets. E) defaults on U.S. mortgage-backed securities.
If the CPI in 2004 is 200, and in 2005 the CPI is 180, the rate of inflation from 2004 to 2005 is
A) 20%. B) 10%. C) 0%. D) -10%.
Table 10.2Table 10.2 contains price, demand, and cost data for the Capri Theater, the only first-run movie theater in a small town. What is its revenue from students under the single price policy?
A. $150 B. $180 C. $450 D. $540
The short-run is a period of less than one year.
Answer the following statement true (T) or false (F)