Refer to Figure 10.9. Other things equal, a positive demand shock is best represented as a change in equilibrium from

Which of the following statements is true?

A) Right-handed people typically earn more than left-handed people. B) People who drink alcohol typically earn more than people who do not drink. C) People who played sports in high school typically earn less than people who did not play sports. D) People regarded as beautiful typically earn no more than people who are ordinary looking.

The payroll tax represents

A. the largest source of revenue in the federal budget. B. the second largest source of revenue in the federal budget. C. the third largest source of revenue in the federal budget. D. the largest source of revenue in state government budgets.