Congress intended that
a. the entire FICA tax be paid by workers.
b. the entire FICA tax be paid by firms.
c. one-quarter of the FICA tax be paid by workers, and three-quarters be paid by firms.
d. half the FICA tax be paid by workers, and half be paid by firms.
d
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How is the typical market basket determined for the Consumer Price Index (CPI)?
a. By the President b. By the U.S. Congress c. By a survey of the spending patterns of thousands of businesses d. By a survey of the spending patterns of thousands of government agencies e. By a survey of the spending patterns of thousands of households
Deflation
a. increases incomes and enhances the ability of debtors to pay off their debts. b. increases incomes and reduces the ability of debtors to pay off their debts. c. decreases incomes and enhances the ability of debtors to pay off their debts. d. decreases incomes and reduces the ability of debtors to pay off their debts.