The "pay or play" approach means that
A. If the government does not pay off the deficit, deficit reduction will become the top political-economic priority.
B. If businesses do not pay for training, workers have no obligation to work for them.
C. If employers do not provide training activities, they must pay the government to do so.
D. Businesses must go along with the administration or pay the consequences.
Answer: C
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The above figure shows the market for hamburger. Which panel shows the effect of a new excise tax on all beef products?
A) Figure A B) Figure B C) Figure C D) Figure D
Which of the following is the MOST likely explanation for a Detroit construction company's imports of Canadian concrete blocks made in Windsor, Ontario?
a. the Ricardian model b. offshoring c. technology d. proximity
What limits an unregulated bank's ability to go on creating money indefinitely?
What will be an ideal response?
Suppose Trevor Noah of the "Daily Show" makes an annual income of $1,000,000. If he quit his television job and went into producing he could make $400,000 per year. Trevor Noah's opportunity cost as a producer is
A. $400,000. B. $600,000. C. $1,400,000. D. $1,000,000.