Ultimately, the real burden of paying for Social Security benefits will be paid for by
A. taxes levied on workers.
B. new federally issued Treasury bills.
C. Social Security trust fund bonds.
D. a new tax levied on businesses.
Answer: A
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The Federal Reserve System's four monetary policy goals are
A) low government budget deficits, low current account deficits, high employment, and a high foreign exchange value of the dollar. B) price stability, low government budget deficits, low current account deficits, and a low rate of bank failures. C) price stability, high employment, economic growth, and stability of financial markets and institutions. D) a low rate of bank failures, high reserve ratios, price stability, and economic growth.
The per-worker production function is ________
A) upward-sloping B) downward-sloping C) vertical D) horizontal
In economics, ________ are limited but ________ are unlimited
A) wants; resources B) resources; wants C) money; ideas D) ideas; money
Suppose that British tastes changed and American goods become more desirable to British citizens. There would be
a. a leftward shift of the supply of pounds curve. b. a movement downward along the supply of pounds curve. c. a movement upward along the supply of pounds curve. d. a rightward shift in the supply of pounds curve. e. a rightward shift in the demand curve for pounds..