The benefits a retired worker receives from Social Security are a fixed percentage of the wages he or she earned

For a perfect competitor, price equals

A) marginal revenue only. B) average revenue only. C) both average revenue and marginal revenue. D) neither marginal revenue nor average revenue.

To boost economic growth the government most likely to:

A. increase intereste rates B. increase taxation rates C. provide incentives to invest D. provide incentives to save