A country's aggregate production function refers to the value of what is produced per worker or per hour worked

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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An IRA (Individual Retirement Account) allows taxpayers to invest money out of their personal income before taxes

Financial advisors will often tell their clients that they will realize more net pay (income after taxes) if they invest with an IRA versus saving their money in a simple savings account at a bank. Explain how this is so.

Economics

Scarcity affects

A) only rich people. B) only poor people. C) only middle income people. D) all people.

Economics