Like other major government programs, an individual knows his contributions to Social Security from the information on his W-2 form

a. True b. False


b

Economics

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Government stabilization policy would be unnecessary if the economy automatically gravitated toward

A. full inflation. B. full employment. C. full recession. D. an inflationary gap.

Economics

Which of the four criteria for an ideal voting system is demonstrated when everyone in a town prefers spending on improved public transportation systems instead of public parks, and transportation spending wins?

A. No dictator B. Unanimity C. Independence of irrelevant alternatives D. Transitivity

Economics

The table above gives the total cost information for Hank and Helen's cherry farm. They sell their cherries in a perfectly competitive market, where the price is $6.00 per pound. If Hank and Helen produce and sell 6 pounds of cherries, what is their total revenue?

Select one: a. $6 b. $28 c. $20 d. $36

Economics

If Teresa purchases a share of stock for $15 and three years later sells it for $60, she will realize a

A. capital gain of $45. B. dividend of $60. C. capital gain of $60. D. dividend of $45.

Economics