The effects on the economy of a prolonged decrease in investment are ________ if ________ occurs

A) more pronounced; consumers adjust permanent income downwards
B) less pronounced; consumers do not adjust permanent income upwards
C) more pronounced; consumers adjust permanent income upwards
D) less pronounced; consumers adjust permanent income downwards


A

Economics

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Social insurance taxes are paid by wages and investment income

Indicate whether the statement is true or false

Economics

As a result of U.S. tariffs imposed on wool from New Zealand, the quantity of this wool that is imported has

A) not changed. B) increased a lot. C) decreased. D) increased a little. E) changed but whether it has increased or decreased is ambiguous.

Economics

The _____ demand for money is most sensitive to interest rate changes.

A. transactions B. precautionary C. speculative

Economics

For all employee earnings subject to Social Security taxes, what is the current Social Security tax rate for employees?

A. 6.2% B. 0.8% C. 4.2% D. 2.9%

Economics