When an employer provides in-kind benefits to employees, the In-kind benefits are _____
a. never taxed as income
b. sometimes taxed as income
c. always taxed as income
d. always taxed as consumption
b
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In a repeated prisoner's dilemma, players:
A. always play their dominant strategy. B. never learn to play their dominant strategies. C. can sustain cooperation by playing their dominant strategy. D. can sustain cooperation by employing a tit-for-tat strategy.
When the marginal product is increasing as the quantity increases, then as the quantity increases, the
A) average product is decreasing. B) marginal cost is decreasing. C) total cost is decreasing. D) total product is decreasing. E) fixed cost is increasing.
The BP curve shifts to the left when:
a. the exchange rate falls. b. interest rates rise. c. income rises. d. imports increase.
What does Temporary Aid to Needy Families (TANF) require of recipients?
What will be an ideal response?