Which of the following statements is an accurate statement about the Social Security (OASDI) program?

A) The program is financed by voluntary contributions.
B) Only 50 percent of workers are covered by OASDI.
C) Benefits are based on financial need.
D) The program transfers income from those who work to those who do not work.

D

Economics

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Refer to Scenario 15.1. If the interest rate is expected to fall to 5% in years 4 and 5, in terms of current dollars the value of the Muckrakers payments will

A) rise. B) stay the same. C) fall. D) change, but we cannot answer this question without further information.

Economics

Refer to the above table. For each level of employment of labor shown

A) marginal product declines. B) marginal product holds constant. C) marginal product rises. D) marginal product falls for all employees beyond the 10th unit of labor.

Economics