Capital gains are a type of income earned from
A) interest on savings accounts. B) employment in a factory.
C) the sale of assets. D) all of the above.
C
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If you default on your auto loan, your car will be repossessed because it has been pledged as ________ for the loan
A) interest B) collateral C) dividend D) commodity
As the wage rate increases,
a. the demand for labor decreases. b. the demand for labor increases. c. the quantity demanded for labor decreases. d. the quantity demanded for labor increases.
Most of the burden of a luxury tax falls on the middle class workers who produce luxury goods rather than on the rich who buy them
a. True b. False Indicate whether the statement is true or false
Agriculture productivity has increased more rapidly in the U.S. than has nonagriculture productivity
Indicate whether the statement is true or false