The term "payroll taxes" is often used to refer to
A) individual income taxes that are withheld from paychecks.
B) sales taxes.
C) corporate income taxes.
D) Social Security and Medicare taxes.
D
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Liz loves to eat popcorn. Still, the more she eats, the less she wants each additional bite. Her marginal utility from popcorn is
A) diminishing. B) negative. C) increasing. D) zero.
Bank capital is
a. the machinery, structures, and equipment of the bank. b. the resources that owners have put into the bank. c. the reserves of the bank. d. the bank's total assets.
Last year, Danielle bought a bond for $10,000 that promises to pay $350 a year. This year, a person who buys a bond for $10,000 receives $325 a year. If Danielle were to sell her (old) bond, its price would be approximately
A. $9,286. B. $10,769. C. $11,456. D. $9,119
Joe is shopping for a new computer. A computer can be delivered to Joe's home for $1,200. Alternatively, Joe can pick up the same computer at the warehouse for $1,000. How should Joe buy the computer?
A. Joe should drive to the warehouse if his cost of driving to the warehouse is greater than $200. B. Joe should drive to the warehouse because the $200 he would save by driving to the warehouse is more than 10% of the purchase price. C. Joe should drive to the warehouse if his cost of driving to the warehouse is less than $200. D. Joe should drive to the warehouse because $1,000 is less than $1,200.