This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is TRUE of unemployment? A) It is defined as the number of people actively ... (Read 65 times)

Awilson837

  • Hero Member
  • *****
  • Posts: 509
Which of the following is TRUE of unemployment?
 
  A) It is defined as the number of people actively looking for work who do not have jobs.
  B) The result is that the economy operates inside its production possibilities curve.
  C) There are psychological consequences associated with unemployment.
  D) All of the above.

Question 2

Suppose that in the economy of Springfield, USA, Homer, who has an income of 50,000, pays 10,000 in taxes. Edna, who has an income of 35,000, pays 9,000 in taxes. Based on this information, we could say that Springfield's tax system is
 
  A) proportional.
  B) progressive.
  C) regressive.
  D) flat.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Sarahjh

  • Sr. Member
  • ****
  • Posts: 370
Answer to Question 1

D

Answer to Question 2

C




Awilson837

  • Member
  • Posts: 509
Reply 2 on: Jun 29, 2018
:D TYSM


raili21

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

For a complete list of videos, visit our video library