The main source of revenue for the U.S. federal government is
a. personal income taxes
b. corporate income taxes
c. sales taxes
d. borrowing on financial markets
e. revenue from the sale of government goods and services
A
Economics
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If the minimum wage is set above the market wage
A) unemployment will rise. B) the quantity of labor supplied will be below the quantity of labor demanded. C) highly-skilled workers will have a harder time finding jobs. D) All of the above are correct.
Economics
Based on the data in Table 2-7, recessions in the U.S. are
a. irregular in length but evenly spaced. b. rare. c. regularly spaced and regular in length. d. irregular in length and irregularly spaced.
Economics