Author Question: The tax increases necessary to fund future Social Security and Medicare benefit payments would be ... (Read 48 times)

Medesa

  • Hero Member
  • *****
  • Posts: 507
The tax increases necessary to fund future Social Security and Medicare benefit payments would be
 
  A) small, but could discourage work effort, entrepreneurship, and investment, thereby slowing economic growth.
  B) large, but would have little effect on economic growth.
  C) large, and could discourage work effort, entrepreneurship, and investment, thereby slowing economic growth.
  D) small, and have little effect on economic growth.

Question 2

A firm chooses its profit-maximizing quantity of capital by
 
  A) examining the total cost of capital equipment.
  B) comparing the price of capital with the price of labor.
  C) comparing the marginal revenue product of capital with the rental price of capital.
  D) determining the rate at which the firm can borrow funds to purchase plant and equipment.


ergserg

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

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?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

For a complete list of videos, visit our video library