The true burden of a payroll tax has nothing to do with the percentage of the tax that employers are required to pay
a. True
b. False
Indicate whether the statement is true or false
True
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If the dollar depreciates against the Indian rupee,
A) Indian imports to the U.S. become less expensive. B) The value of Indian imports to the United States does not change. C) U.S. exports to India become less expensive. D) U.S. exports to India become more expensive.
A person who works part-time is considered to be:
a. employed b. unemployed. c. out of the labor force. d. overemployed.
What determines the level of output in the long-run classical model?
A. aggregate demand B. capital, labor, productivity C. interest rates D. prices
The market for buying and selling foreign currencies is often referred to as the market for:
A. foreign exchange. B. loanable funds. C. direct foreign investment. D. international trade.