Suppose that government requires airline companies to have at least 30 airplanes and serve at least 20 different airports. This is an example of

A tax is imposed on employers and workers that are used to fund Social Security and Medicare. This tax is sometimes referred to as

A) the federal income tax. B) the Income Security Tax. C) the payroll tax. D) the ACIF.

If the real exchange rate rises 4%, domestic inflation is 2%, and foreign inflation is 0%, what is the percent change in the nominal exchange rate?

A) 6% B) 4% C) 2% D) 0%