The only qualification to receive government assistance under a negative income tax is
a. pre-school children.
b. to be enrolled in job training.
c. a working head-of-household.
d. a low income.
d
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Any profit earned by a corporation
A) does not get taxed. B) gets taxed once. C) gets taxed twice. D) gets taxed five times.
Opportunity cost is measured by the
a. dollars paid for the goods b. quantity of other goods given up c. value of the resources used d. technology used e. units of opportunity gained by having the good
Which of the following shifts long-run aggregate supply right?
a. an increase in either technology or the human capital stock. b. an increase in human capital but not technology. c. an increase in technology, but not the human capital stock. d. neither an increase in technology nor the human capital stock.
The curve that shows the relationship between the price of a good and the quantity that consumers are willing to purchase at each price is the
a. supply curve. b. demand curve. c. production possibilities curve. d. consumption curve.