Which of the following is an earmarked tax?
a. personal income tax
b. property tax
c. Social Security tax
d. excise tax
e. custom duty
C
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An example of a monopoly is
A) a big city restaurant. B) the stock market. C) the only veterinarian in an isolated farm community. D) a large hospital in a big city.
A firm should exit an industry if price is less than average cost.
a. true b. false
Which one of the following individuals is NOT counted as unemployed?
A. a 22-year-old aspiring actress currently without any show business employment, but working temporarily as a waitress while she auditions for acting jobs B. a 50-year-old woman laid off from her former job because of a downturn in the company's sales and looking for another job C. a 35-year-old woman fired from her prior work because of poor performance and looking for another job D. a recent college graduate currently without any employment and looking for her first full-time job
Refer to the above figure. Which panel is consistent with the Fed buying bonds?
A. Panel A B. Panel B C. Panel C D. Panel D