The Social Security program is financed directly from
A. payroll taxes.
B. voluntary contributions by the elderly.
C. sales taxes on goods with inelastic demand.
D. poll taxes.
Answer: A
You might also like to view...
According to the Bureau of Economic Analysis, household disposable income fell by 0.3 percent of August, 2012. If all else remains the same, what is the likely impact of this fall on the real interest rate?
A) The real interest rate will rise. B) The real interest rate will fall. C) A change in household disposable income will have no impact on the real interest rate. D) The impact on the real interest rate is ambiguous.
Repealing Regulation Q still left savings-and-loan associations with a problem: most of their __________ were still at __________ interest rates
A) assets; low B) assets; high C) deposits; low D) deposits; high
Price discrimination is illegal in the United States
Indicate whether the statement is true or false
Equilibrium in the money market exists when
A) at a given interest rate, excess supply of money is equal to the quantity demanded of money. B) at a given interest rate, excess demand for money is equal to the quantity demanded of money. C) the supply of money curve intersects the demand for money curve at the prevailing interest rate. D) b and c