The Social Security program is financed by
A. Taxes on payrolls.
B. Corporate profit taxes.
C. Sales taxes.
D. Charitable contributions.
Answer: A
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If inflation is a threat, then the Fed will conduct monetary policy aimed at
A) increasing the interest rate which then will shift aggregate demand to the right. B) decreasing the interest rate which then will shift aggregate demand to the right. C) decreasing the interest rate which then will shift aggregate demand to the left. D) increasing the interest rate which then will shift aggregate demand to theleft.
Consumption expenditure, investment, and net exports __________.
Fill in the blank(s) with the appropriate word(s).
An organization that brings together the factors of production is called
A. a firm. B. an industry. C. a conglomerate. D. a plant.
A new U.S. tariff on imported steel would be likely to: a. raise the cost of production to steel-using American firms. b. generate tax revenue to the government
c. increase U.S. production of steel. d. all of the above