Tucker Corporation sells its product for $5.00. Tucker's industrial engineers have informed management that hiring one additional worker will increase output by five units per hour. Tucker should hire the additional worker only if the wage rate is:

According to your textbook, Keynesian economic theory

A) argues that federal budget deficits were necessary during periods of rapid economic growth. B) questioned the use of the federal budget deficit as a policy tool to manipulate and fine-tune the economy. C) helped break the mentality that federal budget deficits were improper. D) did all of the above. E) did none of the above.

The level of today's Social Security payroll tax is significantly larger than initially envisioned

a. True b. False