Which of the following policies would be most likely to encourage households to save more?
a. Significant reductions in the social safety net
b. Increasing social security benefits to all recipients, regardless of their contribution into the system
c. Elimination of the tax deduction on individual retirement account (IRA) contributions
d. Replacement of sales and excise taxes with an income tax
e. Elimination of government insurance of bank deposits
A
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If the consumption function is defined as C = 5,500 + 0.9Y, what is the marginal propensity to consume?
A) 0.1 B) 0.9 C) 5.5 D) 6.1
________ known is the father of management and famous for his time and motion studies especially in factory production
a. Robert Griffth b. Frederick Taylor c. Anthony Eppes d. John Charles Shelley
Country A has real GDP per person of 100,000 while country B has real GDP per person of 200,000 . All else constant, country A will eventually have a higher standard of living than country B if
a. the level of saving per person is 10,000 in country A and 10,000 in country B. b. the level of saving per person is 12,000 in country A and 15,000 in country B. c. Both of the above are correct. d. None of the above are correct.
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, employment will have
A. decreased by 100. B. decreased by 200. C. increased by 50. D. increased by 150.