How the price of a depletable resource changes over time depends on
a. how the technology of resource extraction changes.
b. the interest rate.
c. how the technologies of production change in firms that use the resource.
d. All of the above are correct.
d
Economics
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When you add payroll taxes and Medicare, the tax system becomes more progressive than when we solely consider the federal income tax
a. True b. False Indicate whether the statement is true or false
Economics
The unemployment rate is calculated by dividing the number of unemployed and looking for work by the sum of the number employed and the number unemployed and looking for work.
Answer the following statement true (T) or false (F)
Economics