Public employees (more frequently than private employees) tend to have their retirements in
A. private savings plans.
B. defined contribution programs.
C. defined benefit pension programs.
D. Ponzi schemes.
Answer: C
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According to the new growth theory
A) technology should be considered as a factor of production.
B) technology is a natural by-product of invention.
C) technology plays a minor role in economic development.
D) technology provides few rewards to the society.
The general resistance to change, often stemming from loss aversion, is known as:
A. the present aim standard of rationality. B. the Weber-Fechner law. C. regression to the mean. D. status quo bias.
After 2000, rapid economic growth continued for the high-growth Asian economies
Indicate whether the statement is true or false
From the 1960s to the early 1990s, marginal tax rates _____
a. varied, but not in a consistent direction b. steadily declined c. steadily increased d. remained relatively constant