Since 1948, the labor force participation rate for adult men has ________ and for adult women has ________
A) increased; decreased B) decreased; decreased
C) increased; increased D) decreased; increased
D
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The following data represent a personal income tax schedule. Answer the next question on the basis of this information.Taxable IncomeTotal Tax$15,000$1,50030,0003,50060,0009,000120,00025,000The average tax rate at the $60,000 level of income is
A. 20.8%. B. 11.6%. C. 10.0%. D. 15.0%.
In 1865, Congress raised the tax on state bank notes to 10 percent of the value of notes in circulation. This tax:
a. ended the dual banking system in the U.S. b. was less than the tax on national bank notes. c. was rescinded in 1870. d. was avoided through the use of deposits.
Which of the following would be considered an investment in human capital?
a. education b. a teacher's blackboard c. the purchase of a new computer to enhance labor productivity d. All of the above are correct.
Consider the demand curve for bananas. If the price of bananas falls, which of the following occurs?
a. The demand curve shifts to the right. b. The quantity demanded declines. c. The demand curve shifts to the left. d. The quantity demanded increases.