Social Security was not designed to provide insurance against outliving one's retirement.
A. True
B. False
C. Uncertain
B. False
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The production function for a good is a downward-sloping linear curve
a. True b. False Indicate whether the statement is true or false
The Fanjuls are:
A. a consumer advocacy group attempting to ban special interest groups. B. free traders who propose doing away with all tariffs. C. sugar barons who give considerable money to politicians who make decisions on sugar quotas. D. a new political party based on the opposition to special interest politics.
In the upward-sloping segment of the aggregate supply curve,
A. increases in output are linked to decreases in the price level. B. firms are willing to pay higher wages to get more labor. C. producers can hire more workers without having to raise the wage rate. D. the economy can increase aggregate supply without prices going up.
A factor that might have contributed to the weakening of the U.S. economy in 2007-2009 was
A. increases by the Federal Reserve in its target short-term interest rate. B. the unexpected return to the gold standard. C. rapid growth of the money stock. D. rising levels of federal government spending.