The Social Security program is ________ in that it redistributes income from ________
A) progressive; low earners to high earners
B) regressive; low earners to high earners
C) progressive; high earners to low earners
D) regressive; high earners to low earners
C
Economics
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Which of the following is an example of a discretionary fiscal policy during a recession?
A) A temporary tax cut to boost consumption B) A decrease in money supply to lower the federal funds rate C) A decrease in transfer payments to unemployed workers D) An increase in tax rates to increase revenue
Economics
Increased profits provide more internal funds to finance capital investments and a major factor in lenders' and investors' decisions to provide external funds to the firm
Indicate whether the statement is true or false
Economics