There is evidence that the rate at which money changed hands rose during the German hyperinflation. This means that
a. velocity rose. If monetary neutrality holds the rise in velocity increased the ratio M/P.
b. velocity rose. If monetary neutrality holds the rise in velocity decreased the ratio M/P.
c. velocity fell. If monetary neutrality holds the fall in velocity increased the ratio M/P.
d. velocity fell. If monetary neutrality holds the fall in velocity decreased the ratio M/P.
b
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If the non-institutional population over 16 years of age equals 200 million, the number of individuals employed is equal to 60 million and the number of individuals not in the labor force is equal to 120 million, then:
a. The employment rate is equal to 30%, and the unemployment rate cannot be determined. b. The employment rate is equal to 75%, and the unemployment rate cannot be determined. c. The employment rate is equal to 30%, and the unemployment rate is equal to 10%. d. The employment rate is equal to 30%, and the unemployment rate is equal to 25%. e. The employment rate is equal to 30%, and the unemployment rate is equal to 33.3%.
What percentage of American families pay more payroll tax than they pay in income tax?
A. 40. B. 60. C. 75. D. 80.