Rapidly rising U.S. health care costs have:
A. forced the growth of wages to keep pace.
B. encouraged outsourcing.
C. caused some employers to use more part-time and temporary workers.
D. done all of these.
Answer: D
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When does the burden of a tax imposed on a good fall more heavily on sellers?
What will be an ideal response?
Refer to the above figure. At a price of $2 per gallon, the quantity demanded of gasoline is
A) 80,000 gallons per month. B) 100,000 gallons per month. C) 60,000 gallons per month. D) 140,000 gallons per month.
What is the best example of the federal government using regulation to control pollution?
a. implementation of the gasoline tax b. vehicles required to have catalytic converters c. a consumer who installed a filter on his wood furnace d. a toll assessed on certain bridges
Debt is a financial position where you have made a financial obligation and the only way you have to pay for it is from money you have yet to earn.
Indicate whether the statement is true or false