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 36 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
Great answer, keep it coming :)

Laurenleakan

  • Member
  • Posts: 309
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

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?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

More People Are Living in Cities More People Are Living in Cities
Drawings depicting mitosis in an animal cell with a diploid number of 4 Drawings depicting mitosis in an animal cell with a diploid number of 4
People with normal color vision see the number 29 in the chart; however, those who are color-blind c People with normal color vision see the number 29 in the chart; however, those who are color-blind c
The distribution of the number of hours that a random sample of people spend doing chores per ... The distribution of the number of hours that a random sample of people spend doing chores per ...
Human Diseases Associated with Copy Number Variants Human Diseases Associated with Copy Number Variants
The effect of disruptive selection on bristle number in Drosophila The effect of disruptive selection on bristle number in Drosophila
Video: Glycolysis - Introduction to ATP and the burning of sugar

For a complete list of videos, visit our video library