In its basic form, an IRA simply does what to taxes?

A) reduces the tax payments when you save B) eliminates them
C) defers their payment to a later time D) passes the taxes on to the rich


C

Economics

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If there is a national debt, we can conclude that the federal government has

A) borrowed in the past. B) purchased more goods and services than were needed. C) spent money foolishly. D) loaned funds to U.S. taxpayers in the past. E) loaned funds to other nations in the past.

Economics

What is the natural unemployment rate?

What will be an ideal response?

Economics

The colony of Georgia was established in 1732 . During the colony's early years,:

a. each arriving settler received a 50-acre farm. b. cotton plantations were the primary source of income. c. the slave population assisted free colonists in defending the Georgia-Florida border. d. the slave population exceeded the free population. e. All of the above.

Economics

The slope of the production possibility frontier shows:

a. the marginal rate of substitution between the two goods. b. the relative marginal costs of the two goods. c. the efficient combination of outputs possible using fixed amounts of input. d. the relative marginal productivities of the two goods.

Economics