Which of the following statements is TRUE for the U.S. economy?
A) Supply of services always reflects all social costs.
B) Demand for services always reflects all social costs.
C) Private costs are not always equal to social costs.
D) Social benefits are always emphasized in advertising.
C
Economics
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Which of the following methods of generating federal government revenue was first introduced during the Civil War?
a. the personal income tax b. inflationary finance c. import tariffs d. bond sales
Economics
Which of the following groups of people are members of the labor force?
a. People in prison. b. Full-time students. c. People over 16 years of age who are employed. d. Anyone not actively looking for work during the past 30 days.
Economics