Other nations had tried economic union in the past, and since adopting a common currency had shown economic benefits for them, the nations of Europe decided to try it too

Indicate whether the statement is true or false


FALSE

Economics

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Even though free trade creates gains, some people still object to free trade because of the way those gains are distributed

Indicate whether the statement is true or false

Economics

When a tax is progressive, the average tax rate:

A. is constant with income. B. increases with income. C. decreases with income. D. first increases with income, then decreases with income.

Economics

To compute the real income of a household, the index that should be used is the

A. Cost of Living Adjustment (COLA). B. Consumer Price Index (CPI). C. Producer Price Index (PPI). D. GDP deflator.

Economics

Which of the following are entitlements?

A. Social Security B. Medicare C. defined contribution programs D. Medicare and Social Security

Economics