The breakeven income level can be found by multiplying the income floor by the marginal tax rate and then adding disregarded income
Indicate whether the statement is true or false
F
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The reduction in transactions costs per dollar of investment as the size of transactions increases is
A) discounting. B) economies of scale. C) economies of trade. D) diversification.
Susan Greenberg, who works in a typewriter factory, becomes unemployed because people start buying personal computers instead of typewriters. Susan can best be described as:
a. frictionally unemployed. b. structurally unemployed. c. cyclically unemployed. d. not part of the labor force. e. a discouraged worker.
Intertemporal decisions are
a. decisions in one period of time. b. decisions over time. c. decisions made without thinking about time. d. decisions involving infinity.
A tax on sellers increases supply
a. True b. False Indicate whether the statement is true or false