The program that was created to provide rebates of Social Security taxes to low-income workers is
A. food stamps.
B. Earned Income Tax Credit program.
C. Supplemental Security Income.
D. TANF.
Answer: B
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What effect does a recession have on a country’s international trade?
What will be an ideal response?
Kristi and Rebecca sell lemonade on the corner for $0.50 per cup. It costs them $0.10 to make each cup. On a certain day, their producer surplus is $20 . How many cups did Kristi and Rebecca sell?
a. 40. b. 200. c. 8. d. 50.
A ______ percent decrease in price of a good and a ______ percent increase in demand of another good equals a cross-price elasticity of demand of –3.
a. –6; +12 b. –9; +36 c. –6; +18 d. –9; +18
If the first copy cost of a music video is $223,000 and the marginal cost is $0, then how many copies should the firm sell in order to break even if the price was $10 each?
A. zero B. 2,230 C. 22,300 D. 223,000