Social Security payments are included in personal income
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Refer to Figure 7-2. The efficient equilibrium price is
A) $60. B) $50. C) $40. D) < $40.
Economics
Isabella wishes to buy gasoline and have her car washed. She finds that if she buys 9 gallons of gasoline at $1.50 per gallon, the car wash costs $1, but if she buys 10 gallons of gasoline, the car wash is free. For Isabella, the marginal cost of the tenth gallon of gasoline is
a. zero. b. 50 cents. c. $1. d. $1.50.
Economics