Refer to the information provided in Figure 19.1 below to answer the question(s) that follow. 
Figure 19.1 Refer to Figure 19.1. After firms can respond to the payroll tax, the per-hour equilibrium wage paid by firms ________ compared to the original equilibrium wage.
A. decreases by $2
B. decreases by $5
C. increases by $3
D. increases by $5
Answer: C
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Refer to the scenario above. Which of the following is likely to happen if Mike confesses while Rita does not confess?
A) Both of them will be let free. B) Mike will be let free while Rita will be suspended. C) 10 points will be deducted from their respective scores. D) 10 points will be deducted from Rita's score while Mike will be suspended.
Net total benefits of an activity are maximized when marginal benefits and marginal costs are equal
Indicate whether the statement is true or false
If the price of inputs falls and the level of consumer indebtedness rises: a. Price index rises, and real GDP rises. b. Price index rises, and real GDP falls. c. Price index rises, and the change in real GDP is uncertain
d. Price index falls, and real GDP rises. e. Price index falls, and the change in real GDP is uncertain.
Structural stagnation focuses on ________ in terms of understanding why the economy experiences slow growth.
A. low consumption B. low government spending C. low investment D. globalization