Most employees ________ pay taxes on the value of health insurance provided by employers, and most people ________ get a tax break when buying individual health insurance policies
A) do; do B) do not; do not C) do not; do D) do; do not
B
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An increase in consumer confidence would shift the:
A) aggregate demand curve rightward. B) aggregate demand curve leftward. C) aggregate supply curve rightward. D) aggregate supply curve leftward.
An economist left his $100,000-a-year teaching position to work full-time in his own consulting business. In the first year, he had total revenue of $200,000 and business expenses of $150,000 . He made a(n):
a. implicit profit. b. economic loss. c. economic profit. d. accounting loss but not an economic loss. e. zero economic profit.
Why are checking account balances included in the M1 definition of the money supply?
a. They are a traditional form of money that pre-dates paper money. b. They are used to make so many payments. c. They are backed by gold and silver. d. They pay interest.
Which one of the following groups has a below-average incidence of poverty?
a. persons who are divorced or separated from their spouse b. families headed by a female c. persons 18 to 24 years of age d. married-couple families