For a given level of total utility, ________
A) there is exactly one indifference curve
B) there are exactly two indifference curves
C) there are exactly three indifference curves
D) there are exactly four indifference curves
A
Economics
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The complexity of the U.S. federal income tax system results in significant annual deadweight losses. The opportunity cost of the hours taxpayers spend on record keeping and completing their tax returns amounts to billions of dollars
a. If the tax system was simplified, how would this benefit the economy? b. Why hasn't the tax system been simplified?
Economics
The knowledge and skills that workers have built up through education and training programs is known as ________
A) the college premium B) human capital C) productivity D) financial torsion
Economics