Now that Social Security payments are indexed the:
A. nominal value is adjusted to maintain a constant real value.
B. real value is adjusted to maintain a constant nominal value.
C. payments are adjusted so retirees can buy more with their payments over time.
D. payments are not adjusted enough, so retirees can buy less with their payments over time.
A. nominal value is adjusted to maintain a constant real value.
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Market clearing means
A) quantity demanded exceeds quantity supplied. B) quantity demanded equals quantity supplied. C) quantity demanded is less than quantity supplied. D) quantity demanded and quantity supplied both equal zero.
Mr. Pistole says TSA has about _____ screening lanes nationwide. Of those, ___ are PreCheck lanes
Fill in the blank(s) with the appropriate word(s).
The sticky-wage theory of the short-run aggregate-supply curve says that when the price level is higher than expected,
a) relative to prices wages are lower and employment rises. b) relative to prices wages are higher and employment rises. c) relative to prices wages are higher and employment falls. d) relative to prices wages are lower and employment falls.
In an input market, the term input refers to ______.
a. land, labor, and capital b. wages, rents, and royalties c. insurance, bonds, and credit cards d. goods, services, and products