Which region has the most children (total number) working?
What will be an ideal response?
Asia
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Which of the following types of income are subject to FICA taxes?
A. Interest income B. Inheritance C. Wages and salaries D. Capital gains
If there was an increase in technology other things equal, real GDP growth would ____ and real GDP growth per capita would ____. a. increase; increase
b. increase; be indeterminate. c. decrease; decrease. d. decrease; be indeterminate
Which of the following best defines consumer surplus?
a. the amount that individuals actually paid, minus the amount that they would have been willing to pay b. the amount that a seller is paid for a good minus the seller’s actual cost c. the amount that individuals would have been willing to pay, minus the amount that they actually paid d. when it is impossible to improve the situation of one party without imposing a cost on another
When the economy is going strong the:
A. demand for workers decreases. B. supply of workers increases. C. demand for workers increases. D. supply of workers decreases.