Government outlays consist of
a. all governmental purchases resulting from contracts with the private sector and foreign organizations
b. government purchases, transfer payments, and interest on the national debt
c. any purchase by an organization that is not trying to earn a profit
d. government purchases and transfer payments minus the interest on the national debt
e. total receipts from all organizations doing business with any level of government
B
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The Social Security tax is regressive because
A. the Social Security tax rate applied does not rise with the salary level. B. each individual must pay a set percentage of his or her income in Social Security taxes. C. as income increases, the Social Security tax rate increases at a decreasing rate. D. no Social Security tax is collected for incomes in excess of a "cap" income level.
Ignoring the differences across states, explain the benefit provided to the typical worker in the United States from unemployment insurance
Sue: "I much prefer eating at the El Grande Mexican Restaurant to the others in town because all of their employees are Mexican and speak Spanish. It gives the place a real 'authentic' feel." Which of the following is true about the above statement?
a. This is an example of customer-based discrimination for one group of employees over another. b. If many customers felt the same way Sue does, there would be pressure for firms to satisfy this consumer preference in their hiring. c. Despite customer preferences, we would expect the restaurants in town to hire equally from all racial and ethnic groups. d. Both a and c are correct.
marketing services that add "time value" include:
a) transportation b) processing c) marketing d) storage e) all of the above