____________ tax is used to provide funds for Social Security and Medicare.

a. Payroll
b. Income
c. Sales
d. Inheritance


a. Payroll

Economics

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If there is 3 percent frictional unemployment, 4 percent structural unemployment, and -2 percent cyclical unemployment, then the natural rate of unemployment equals:

A. 5%. B. 1%. C. 2%. D. 7%.

Economics

Bonds that are rated in the D category are of higher quality than bonds that are rated in the A category

Indicate whether the statement is true or false

Economics

If, with one unit of labor, the U.S. can produce 20 units of computer software and 10 units of computer hardware, and China can produce 6 units of software and 4 units of hardware, then trade can make

A. both better off. B. neither better off. C. the U.S. better off but not China. D. China better off but not the U.S.

Economics

"Goodwill" is an example of

A. a public service industry. B. physical capital. C. intangible capital. D. financial capital.

Economics