Assume that a person saves $50,000 and earns 7 percent annual interest. If the marginal tax rate is 36 percent, then the after-tax interest earning will be:

A. $2000
B. $2240
C. $2760
D. $3500

B. $2240

Economics

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The long-run aggregate supply curve of an economy corresponds to

A) a point inside the production possibilities curve. B) a point outside the production possibilities curve. C) a point on the production possibilities curve. D) none of the above: there is no relationship between the long-run aggregate supply curve and the production possibilities curve.

Economics

What is the most probable reason why garbage men have higher wages than nurses?

a. marketplace discrimination b. active unionization in the garbage collection field c. higher demand for garbage men than nurses d. the nonmonetary attractiveness of garbage collection causing fewer people to want to be garbage men

Economics