From which country did the United States import the most in 2015?
A. Canada
B. Mexico
C. Japan
D. China
Answer: D
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Which of the following about Social Security is true?
a. The regressive nature of the Social Security benefit formula works to the disadvantage of blacks and other groups with below-average earnings. b. Social Security works to the disadvantage of blacks and other groups with below-average life expectancy. c. Blacks derive a higher rate of return from their Social Security taxes than whites. d. Hispanics derive a lower rate of return from their Social Security taxes than both whites and blacks.
A default rule:
A. is a consequence that users of commitment devices agree to if they fail to follow through with their commitment. B. is a defined limit used to mark when someone is decidedly not making a good decision. C. defines what will automatically occur if someone fails to make an active decision otherwise. D. is the defined strength of a given commitment needed to get an individual to follow through with the commitment.
A decrease in production costs at any given quantity ______ supply.
Fill in the blank(s) with the appropriate word(s).
The consumption and saving schedules reveal that the:
A. MPC is greater than zero but less than one. B. MPC and APC are equal at the point where the consumption schedule intersects the 45- degree line. C. APS is positive at all income levels. D. MPC is equal to or greater than one at all income levels.