Which one of the following groups has a below-average incidence of poverty?
a. persons who are divorced or separated from their spouse
b. families headed by a female
c. persons 18 to 24 years of age
d. married-couple families
D
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The personal income tax is based on the benefits-received principle of taxation
a. True b. False
The availability of health insurance tends to:
A. decrease the quantity of health care demanded and cause an underallocation of resources to the health care industry. B. increase the quantity of health care demanded and cause an underallocation of resources to the health care industry. C. increase the quantity of health care demanded and cause an overallocation of resources to the health care industry. D. decrease the quantity of health care demanded and cause an overallocation of resources to the health care industry.
Refer to the information provided in Figure 2.5 below to answer the question(s) that follow.
Figure 2.5Refer to Figure 2.5. For this economy to move from Point C to Point B, ________ additional LCD TVs could be produced when the production of OLED TVs is reduced by 20.
A. exactly 30 B. exactly 60 C. fewer than 30 D. more than 30
You deposit $5,000 in a 5-year bank CD that pays 3% interest per year. How much will you get from this deposit be at maturity?
A. $5,155 B. $5,751 C. $5,796 D. $6,500