Allowing individuals to manage a portion of their Social Security funds is
A) socialization.
B) privatization.
C) democratization.
D) regeneration.
B
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Which of the following is not true about the tax exemptions on interest from municipal bonds?
A. It is a tax loophole. B. It reduces excess tax burden. C. It helps the wealthy the most. D. It makes the tax system less progressive.
An amusement park charges an entrance fee of $75 per person plus $2.50 per ride. This is an example of
A) first-degree price discrimination. B) a two-part tariff. C) second-degree price discrimination. D) bundling. E) tying.
When the government steps in to help determine prices, it is called
a. price ceilings. b. price floors. c. equilibrium prices. d. price control.
Refer to Figure 2-14. Unemployment could cause this economy to produce at point B.
Indicate whether the statement is true or false.