In the fishing industry, the long run is described as the time in which

a. the seasons have changed and it is now too cold to fish
b. the fish is no longer fresh
c. the scale of operation can be chosen
d. the boat loses all of its value
e. only the boat size can vary

C

Economics

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Which of the following statements about the Earned Income Tax Credit Program (EITC) program is FALSE?

A) On net the EITC discourages work by low- or moderate- income earners more than it rewards work. B) It provides rebates of Social Security taxes to low-income workers. C) Recipients who receive benefit payments under Social Security are also eligible for SSI. D) It is the largest poverty reduction program in the U.S..

Economics

Over 50 percent of all U.S. workers now belong to unions

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

Economics