Social Security is not compulsory. Wage earners do not have to belong to it
Indicate whether the statement is true or false
F
Economics
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Which of the following correctly identifies a problem with price regulation?
A) It minimizes social surplus. B) It minimizes consumer surplus. C) Sellers do not have an incentive to cut costs. D) Government intervention increases deadweight loss.
Economics
Naturally occurring diamonds are an example of
A) land. B) labor. C) physical capital. D) human capital.
Economics
The marginal propensity to consume (MPC) is the change in consumption divided by the change in saving
a. True b. False Indicate whether the statement is true or false
Economics
A major macroeconomic leakage from the circular flow is:
a. Consumption b. Savings c. Saving d. All of the above. e. None of the above.
Economics