The Social Security payroll tax tends to be regressive

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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Changes in technology over time will result in

A) a more inelastic supply curve. B) a more elastic supply curve. C) a unitary elastic supply curve. D) no change in the elasticity of supply.

Economics

To guide a person through complicated decisions such as whether to get a particular credit card, behavioral economists advocate electronic disclosure in which characteristics such as late fees and high interest rates would be explained clearly. They call this type of nudge a(n):

A. encouragement nudge. B. information nudge. C. pricing nudge. D. advantageous default option nudge.

Economics