Tax preferences create more _____ than a broad-based income tax because they change the relative prices to the taxpayer of earning different types of income

If the working-age population is 20 million and labor force is 13 million, the labor force participation rate is

A) 65 percent. B) 35 percent. C) 153 percent. D) 60 percent. E) impossible to calculate because data on the number of employed workers is needed.

The figure above shows the market for coffee. When the efficient quantity of coffee is produced, the marginal social cost of the last pound is

A) $2.50. B) $3.50. C) $3.00. D) $2.00.