Taxes listed as Federal Insurance Contribution Act taxes on the employee paystub are ________
A) payroll taxes
B) value-added taxes
C) income taxes
D) excise taxes
A
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The opportunity cost of buying a good includes I. the price of the good. II. the value of time spent searching for the good
A) only I B) only II C) both I and II D) neither I nor II
The percentage of world GDP represented by the G7 is ________ and the percentage of world GDP represented by the BRIC economies is ________
A) falling, rising B) falling, falling C) rising, falling D) rising, rising
Refer to the graph shown. A movement from A to B is most likely to be caused by:
A. an increase in aggregate demand. B. a decrease in aggregate demand. C. an increase in input prices. D. a decrease in input prices.
The analytical framework in which two or more individuals, companies, or nations compete for certain payoffs that depend on the strategy that others employ is
A) game theory. B) opportunistic behavior. C) the dominant equilibrium. D) the tit-for-tat equilibrium.