Which of the following is an economic goal of a nation?
a. High inflation
b. High mortality rate
c. Trade deficit
d. Low unemployment
d
You might also like to view...
Zelda won the jackpot on a penny slot machine in Las Vegas and is given the following three options to receive her jackpot:
Option 1: $100,000 to be received right away, with four additional payments of $100,000 to be received each year for the next four years. Option 2: $250,000 to be received right away with two additional payments of $100,000 to be received each year for the next two years. Option 3: $400,000 to be received right away. Which option should Zelda choose if the interest rate is 8%? Would she choose the same option if the interest rate was 10%? Why?
Part of the appeal of gold as a medium of exchange is that it is indivisible
Indicate whether the statement is true or false
On this chapter quiz for this course you can study for up to four hours. If you don't study at all you will get a 70. One hour would give you an 80, the second hour increased your score to 89, the third to 92. If you studied the fourth hour your score would be 87. In which hour did diminishing returns set in?
A. The first because the score was the lowest of the studying options. B. The second because your gain is less than the previous hour. C. The third because your score peaked there. D. The fourth because you had a drop in points in this hour.
"It would be an undue hardship to require people whose income is below $15,000 per year to pay income taxes." This statement reflects which of the following principles for a tax?
A. benefits-received B. inexpensive-to-collect C. ability-to-pay D. fairness of contribution