Federal income tax brackets are not currently indexed for inflation
a. True b. False
b
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In a country with 200 million people aged 16 years and older, 120 million are in the labor force, and 114 million are employed, what is the participation rate?
A. 57 percent B. 40 percent C. 95 percent D. 60 percent
The belief that the U.S price level will rise in the future will tend to cause, other things the same ________
A) no change in the value of the U.S. dollar B) an increase in the value of the U.S. dollar C) no change in the value of the U.S. dollar in the short-run D) a decrease in the value of the U.S. dollar
The income-expenditure identity for an open economy is:
A. Im ? Ex = C + I. B. Y = C + I + G. C. Y = C + I + G + NX. D. Y + G = C + I ? NX.
Sometimes, public goods whose benefits are less than their costs still get produced because:
A. The marginal benefit is still larger than the marginal cost B. Of externalities in production C. The benefits accrue to politically powerful government officials and their constituents D. Of market failures