A main cause of the cost disease of personal services is

a. the change from an agrarian to an industrial society.
b. labor-saving innovations in the service industries.
c. the unevenness in growth of productivity in the economy.
d. massive increases in industrial production at the expense of consumer goods production.

c

Economics

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Five players are given $10 each and asked to contribute any portion of it to a group account. They are also told that the total collection will be doubled and distributed equally among each of them

In this case, the players are likely to contribute ________. A) $5 each B) $10 each C) $1 each D) nothing

Economics

What is the name of the pension plan under which employees can make tax-deductible contributions through regular payroll deductions?

A) 401(k) plans B) Social Security plans C) Early retirement plans D) 486(b) plans

Economics