Savings and loan associations are not a financial intermediary
a. True
b. False
B
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A regressive tax:
A. takes the same percentage of taxes from income from all taxpayers. B. requires those with low incomes to pay a smaller percentage of their income than high-income people. C. is levied so that low-income taxpayers pay a greater proportion of their income toward taxes than high-income taxpayers. D. taxes everyone the same amount, regardless of their income.
Contractual provisions based on indexing are also called
a. withdrawal clauses. b. swap clauses. c. escalator clauses. d. averaging clauses.
In a competitive market, is the long-run supply curve typically more elastic than the short-run supply curve, or is it less elastic than the short-run supply curve?
If the wage paid to workers increases, the labor demand curve:
A. will not shift. B. shifts to the left and fewer workers are hired. C. shifts to the right and more workers are hired. D. shifts to the right and fewer workers are hired.