Which of the following would be considered a contingent? contract?
A) a piece rate contract
B) a profit-sharing contract
C) a contact with a bonus
D) All of the above.
Ans: D) All of the above.
Economics
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Refer to the scenario above. Using 2012 as the base year, what is the real GDP of the economy in 2013?
A) $49,500 B) $55,000 C) $47,000 D) $56,000
Economics
Which of the following statements is an accurate statement about the Social Security (OASDI) program?
A) The program is financed by voluntary contributions. B) Only 50 percent of workers are covered by OASDI. C) Benefits are based on financial need. D) The program transfers income from those who work to those who do not work.
Economics