The Social Security system is financed through

A. general revenues.
B. a payroll tax.
C. the income tax.
D. private insurance contributions.

Answer: B

Economics

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Which of the following statements is CORRECT?

I. The exchange rate is a price. II. The exchange rate is different from other prices because it is NOT determined by supply and demand. A) only I B) only II C) I and II D) neither I nor II

Economics

If the supply curve of a product changes so that sellers are now willing to sell 2 additional units at any given price, the supply curve will

A) shift leftward by 2 units. B) shift rightward by 2 units. C) shift vertically up by 2 units. D) shift vertically down by 2 units.

Economics