Assuming wages are indexed to inflation, if prices rose by 1.4 percent this month and your last month's wage was $1,000, your wage this month would be $1,014
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Which of the following is considered an economic resource?
A. The ice cream that kids buy at the ice cream parlor B. The HD-TV sets in people's homes C. The land that is designated as national parks by the government D. shoppers buying stuff at the mall
Economics
When a tax is proportional, the average tax rate:
A. first increases with income, then decreases with income. B. is constant with income. C. decreases with income. D. increases with income.
Economics