Mr. Smith pays $20,000 annually as tax. If his annual income is $100,000, what is his average tax?

A worker that quits her job

A) is always counted among the unemployed. B) is never counted among the unemployed. C) will be counted among the structurally unemployed. D) may or may not be counted among the unemployed.

Which of the following statements about checkable deposits is correct?

A) Checkable deposits are a larger fraction of banks' funds today than in 1973. B) Checkable deposits are a smaller fraction of banks' funds today than in 1973. C) All checkable deposits pay interest. D) No checkable deposits pay interest.