Unemployment benefits tend to be higher in Europe and are offered for longer periods than in the United States
a. True
b. False
A
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Assume that Dakota's salary is $49,500, up from $45,000 last year, while the CPI is 198 this year, up from 180 last year. This means that Dakota's real income has ____________ since last year.
a. increased b. decreased c. stayed the same d. There is not enough information provided to answer this question.
Which of the following best describes the "education premium"?
A. The added pay for getting a higher level of education B. The added cost of getting a higher level of education C. The added benefits for society as a whole from a person getting a higher level of education D. The increase in average wages, in inflation-adjusted dollars, over time
What determines tax revenues?
A. the income tax rate B. the rate of inflation C. the money supply in the economy D. the rate of interest
Goods and services produced in the United States and sold in other countries are called
A) consumption goods and services. B) capital goods. C) government goods and services. D) export goods and services. E) import goods and services.