Which of the following is the source of data on wealth concentrations in the United States?
A. Survey of Labor and Income
B. Survey of Household Income and Wealth
C. Survey of Current Business
D. Survey of Consumer Finances
Answer: D
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Increasing the income tax rate ________ the before-tax real wage rate and ________ the after-tax real wage rate
A) lowers; raises B) raises; raises C) does not change; raises D) raises; lowers E) lowers; lowers
All of the following are examples of coupon bonds EXCEPT
A) corporate bonds. B) U.S. Treasury bills. C) U.S. Treasury notes. D) U.S. Treasury bonds.
Which is the smallest American labor union?
A. The International Brotherhood of Teamsters B. The National Education Association C. The Service Employees International Union D. United Auto Workers
If your income rises and, as a result, you buy fewer packages of Ramen Noodles, then Ramen Noodles are a(n)
A. substitute. B. complement. C. inferior good. D. normal good.