From 1977-2011, the average duration of unemployment has been highest in which of the following places?
A) Canada
B) Europe
C) Mexico
D) the United States
B
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When the average tax rate rises as income rises, this is known as progressive taxation.
Answer the following statement true (T) or false (F)
Suppose the local university charges $85 per credit hour. If tuition increases from $85 to $93 per credit hour, using the midpoint method, what is the percentage change in price?
A) 8.99 percent B) 8.00 percent C) 9.41 percent D) 8.62 percent E) 9.12 percent
The Federal Reserve currently exercises credit control over
a. stock market purchases. b. home financing. c. installment sales. d. automobile sales.
Starting from long-run equilibrium, a war that raises government purchases results in ________ output in the short run and ________ output in the long run.
A. lower; potential B. higher; potential C. higher; higher D. lower; higher