Refer to the graph shown.
The poorest 25 percent of the families earn:
A. 36 percent of the income.
B. 19 percent of the income.
C. 6 percent of the income.
D. 64 percent of the income.
Answer: C
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Economic growth means:
A. more production of goods and services. B. people maintain their standard of living. C. all of a nation’s citizens must be better-educated. D. in general tax revenues are lower.
The exemption of municipal bond interest income from federal personal income taxes
A. generally benefits the wealthy most. B. does not help municipal governments lower financing costs because it is offset by shifting increasing municipal bond rates. C. does not help municipal governments lower financing costs because it is offset by shifting falling municipal bond rates. D. is an indirect tax on the underlying municipal bonds that generate the interest income.
Holding other factors constant, if food prices decline relative to the prices of other products, then the real wages of agricultural workers will ________ and employment of agricultural workers will ________.
A. increase; increase B. decrease; decrease C. increase; decrease D. decrease; not change
Which purpose of the performance appraisal can be used to identify officers with skills for specialized units?
A) FTO evaluation B) training C) recruitment and selection D) horizontal job changes