________ is the ability to move to a different part of the income distribution
Fill in the blank(s) with correct word
Income mobility
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U.S. government policy to stimulate research and development activities would be most likely to succeed if it involved
A. interest rate policy. B. corporate tax policy. C. personal income tax policy. D. payroll tax policy.
The marginal benefit of an activity is
i. the benefit from a one-unit increase in the activity. ii. the benefit of a small, unimportant activity. iii. measured by what the person is willing to give up to get one additional unit of the activity. A) i only B) ii only C) ii and iii D) i and iii E) iii only
Insurance companies can reduce risk by accepting premiums from
A) many people to insure against independent events. B) few people to insure against dependent events. C) few people to insure against independent events. D) many people to insure against dependent events.
The above table gives data for the nation of Sueland. What is the private sector balance?
A) $11 billion B) -$11 billion C) -$43 billion D) $43 billion