Under the current Social Security system, married persons may draw benefits based on
a. only their own earnings.
b. their own earnings or draw 50 percent of the benefits earned by their spouse.
c. their own earnings plus 50 percent of their spouse's earnings.
d. their own earnings plus 100 percent of their spouse's earnings.
B
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Demand-pull inflation is illustrated in the short run aggregate supply-aggregate demand model as a shift of the aggregate ________.
A. demand to the left B. demand to the right C. supply to the left D. supply to the right
Economic goods are items that
A) are used only by economists. B) provide satisfaction to users. C) cannot be sold at any price in the market. D) individuals would pay to get rid off.
Which of the following regions obtained most of its imported goods from the United Kingdom?
a. the New England colonies b. the Middle colonies c. the upper Southern colonies d. the lower Southern colonies e. All of the above.
One method of correcting for ____ externalities is to create a ____ to make sure the market accounts for all costs and benefits
a. market failure; tax b. negative; tax c. positive; mechanism d. positive; tax e. negative; free market