Labor unions may increase worker productivity by facilitating smooth relations between labor and management.
Answer the following statement true (T) or false (F)
True
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Refer to Table 18-9. Calculate the income tax paid by Sylvia, a single taxpayer with an income of $70,000
A) $21,000 B) $15,740 C) $15,400 D) $13,475
When we say that money is fungible, we mean that a dollar spent out of your savings account:
A. is exactly the same as a dollar spent from your checking account. B. is earmarked for a purpose and can't be spent on everyday expenses like groceries. C. is not substitutable with any other dollar you have. D. is worth more than the dollar you have in your pocket.
Which of the following measures of effectiveness is not a surrogate measure?
a. Cholesterol level b. Blood pressure c. Tumor size d. Hip fracture e. Bone-mass density (BMD)
When spending by the federal government exceeds net taxes, _____
a. the price level tends to fall b. the money supply must fall c. the aggregate demand curve shifts rightward d. aggregate supply moves rightward e. there is a federal budget surplus