This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is TRUE of unemployment? A) It is defined as the number of people actively ... (Read 79 times)

Awilson837

  • Hero Member
  • *****
  • Posts: 509
on: Jun 29, 2018
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
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


Awilson837

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

parker125

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Three possible phylogenies for the australopithecines with Au. anamnesis as the stem ancestor and re Three possible phylogenies for the australopithecines with Au. anamnesis as the stem ancestor and re
Which of the following statements is true of linkage? Which of the following statements is true of linkage?
A greater number of men than women hold full-time jobs, but the gap is closing because of an ... A greater number of men than women hold full-time jobs, but the gap is closing because of an ...
In old age, as in all other stages of the life course, people find life more pleasant if they have ... In old age, as in all other stages of the life course, people find life more pleasant if they have ...
Democracy (or “democratization”) is a global social movement. People all over the world yearn ... Democracy (or “democratization”) is a global social movement. People all over the world yearn ...
Government in America: People, Politics, and Policy, AP Government in America: People, Politics, and Policy, AP
Video: Cardiac Cycle (Part 4 of 4)

For a complete list of videos, visit our video library