Which of the following is true of disposable income?
a. It excludes transfer payments
b. It is the portion of income that is used solely for consumption.
c. It is that part of total earned income that is paid to the government in the form of taxes.
d. It is the difference between income and saving.
e. It equals consumption expenditures plus saving.
e
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Which of the following statements is true of foreign aid?
A) In practice, much of foreign aid does not get invested in new technology or education. B) Foreign aid is regressive to development. C) Foreign aid is provided only by financial institutions such as the World Bank. D) Foreign aid is directly responsible for reducing corruption in developing nations.
Some people believe that women earn less than men because female held jobs have been historically devalued and that women should be given equal pay for equal work. This belief is called
a. comparable worth b. affirmative action c. glass ceiling d. absenteeism