According to the market imperfections theory, competition is a common market imperfection

Martin Ceramics Company sold equipment for cash. The income statement shows a gain on the sale of $1,020. The net book value of the asset was $3,810. Which of the following statements describes the cash effect of the transaction?

A) negative cash flow of $4,830 for financing activities B) negative cash flow of $2,790 for operating activities C) positive cash flow of $4,830 from investing activities D) positive cash flow of $2,790 from investing activities

The federal government's Social Security program, which pays benefits to older members of society but not to younger members of society, is lawful as examined by a(n) ________ test

A) rational basis B) intermediate scrutiny C) investigative challenge D) due process